CHARLESTON, WV (WCHS/WVAH BY: MAMIE BUOY) — Charleston Newspapers, which publishes the Charleston Gazette-Mail, will be sold and the sale could affect more than 200 employees.
Charleston Newspapers President and Chief Financial Officer Trip Shumate said the company on Tuesday will file a voluntary Chapter 11 bankruptcy.
Shumate said as of Monday afternoon, Wheeling Newspapers is the highest and preferred bidder.
Shumate said 206 employees might be affected. He said he hopes the new owner will hire all of those employees, but he does not have control over those decisions.
Charleston Mayor Danny Jones released a statement in response to sale of the newspaper. He said he is extremely saddened by the “passing” of a newspaper that has operated in the Kanawha Valley for so long, and he is hopeful whoever buys the paper will keep it in operation.
Here is a link to view the complete article by the Charleston Gazette-Mail: Charleston Gazette-Mail Article
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