CHARLESTON, W.Va. (AP) — An auction to sell West Virginia’s largest newspaper, the Charleston Gazette-Mail, is scheduled for Thursday.
<a target=”—blank” href=”https://www.wvgazettemail.com/news/gazette-mail-will-go-to-auction-on-thursday/article%E2%80%948ce617e1-63c6-58f0-b9bf-81fc7a7dd417.html”>The Gazette-Mail</a> reports bankruptcy court filings show a second company, HD Media of Huntington, West Virginia, has placed a bid.
A subsidiary of Wheeling-based Ogden Newspapers was the highest bidder Jan. 30, when Charleston Newspapers, owner of the Gazette-Mail, filed for Chapter 11 bankruptcy protection and issued a 60-day layoff notice to employees.
The amount of HD Media’s bid wasn’t disclosed. But to push the sale to an auction, HD Media had to bid $500,000 more than Ogden’s $10.911 million by the Tuesday deadline under the bankruptcy court’s order.
Notice of the leading bidder will be issued at the conclusion of the auction.
The Gazette-Mail’s Eric Eyre won a Pulitzer Prize for investigative reporting of the state’s drug crisis.
Information from: The Charleston Gazette-Mail, <a target=”—blank” href=”http://wvgazettemail.com.”>http://wvgazettemail.com.</a>