Friday, July 12, 2019

The Daily Bend Bulletin To Terminate All Newspaper Employees

A court filing outlining the sale of Central Oregon’s only daily newspaper shows that all employees of the Bend Bulletin and other publications must be terminated before Rhode Island Suburban Newspapers takes control, according to opb.org.

The Rhode Island company plans to buy Western Communications’ Central Oregon publications for more than $2 million.

As a part of the sale agreement, Western Communications must terminate all employees at the Bend Bulletin, the Redmond Spokesman Weekly and other publications including Go! Weekly entertainment tabloid and Bend Homes monthly.

“Effective as of the end of business on the day immediately prior to the Closing Date, Seller shall terminate all Business Employees,” the filing states.

The Rhode Island company could re-hire any employees at its discretion.

This comes after Western Communications filed for bankruptcy in 2011 and again this past January. As of late May, Western Communications owed roughly $30 million in debt.

It had listed its Bend headquarters for sale at $20 million in 2017. The Rhode Island company will lease space there for a monthly rate of $10,000.

Neither party is allowed to talk about the terms of the agreement, though documents are publicly available in bankruptcy court.

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