JRC completes sale of R.I. papers for $8.3M

YARDLEY, Pa. – Journal Register Co. (NYSE:JRC) today announced it has completed the sale of its Rhode Island publications to RISN Operations Inc. for about $8.3 million in cash, including working capital. The JRC said it would use the net after-tax proceeds to pay down debt, and as general working capital. Included in the sale…

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