Judge approves sale of Tracy Press
by TP staff
Oct 11, 2012 | 3140 views | 1 1 comments | 9 9 recommendations | email to a friend | print
SACRAMENTO — The sale of the assets of the Tracy Press and two allied publications was approved Wednesday, Oct. 10, in federal bankruptcy court in Sacramento

After no other bidders appeared before Judge Christopher M. Klein, he approved the bid submitted earlier by Ralph Alldredge, publisher of the Calaveras Enterprise in San Andreas, and associates.

The sale by members of the Matthews family will become final in the next several weeks when Klein, chief judge of the U.S. Bankruptcy Court Eastern District of California, issues a formal order of his decision.

The Press filed for Chapter 11 bankruptcy protection in July 2010. The paper has been owned by the Matthews family since 1943, and it was first printed April 2, 1898. Its present publisher is Robert Matthews.
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October 11, 2012
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