Newspaper publisher Metroland offers creditors 13 cents on the dollar for $70-million debt

Legal documents show the company’s readership and revenue have been dropping by more than 10 per cent each year for the past three years, while costs have remained constant

Newspaper publisher Metroland offers creditors 13 cents on the dollar for $70-million debt
Legal documents show the company’s readership and revenue have been dropping by more than 10 per cent each year for the past three years, while costs have remained constant