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Chicago Reader has new owners…again.

Posted on August 26, 2009

The following from the The Blog, Chicago Reader

A bankruptcy judge in Tampa has spoken, and the Reader is now owned by an investment fund in New York. “We certainly believe that between ourselves and the folks we’re bringing in, we can provide the financial and human resources necessary to bring this company to the next level,” I was just told by Michael Bogdan, managing partner of Atalaya Capital Management, an hour or so after Atalaya successfully bid $5 million for Creative Loafing Inc. in a bankruptcy auction.
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