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Creative Loafing parent company goes Chapter 11

Creative Loafing Inc., the owner of Atlanta’s largest alternative newspaper, announced this morning that it has filed for Chapter 11 bankruptcy.

The following is from Washington City Paper, another of its properties:

In a conference call with top company officials, Ben Eason, the company’s CEO, said that the step would allow the six papers in the Creative Loafing portfolio to establish a greater online presence while the company reorganizes its operations.

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By "Spank" the monkey

September 29, 2008 3:50 PM | Link to this

I guess now the AJC will become the most respected paper in town.

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