Monday, July 13, 2009

N.H. paper shuts down

The Eagle Times in Claremont, N.H., abruptly shut down last week after the company that published the newspaper filed for Chapter 7 bankruptcy.
The newspaper, published six days a week, was founded more than 175 years ago and employed more than 100 people.
The publisher said the family-owned Eagle Publications could no longer continue underwriting the losses of the company, according to an article posted by The Union-Leader in Manchester, N.H.
"We did our best to continue the operations, but the economy and the changes in the newspaper industry have made it impossible to continue this business," said a memo issued by Eagle Publications.

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