Claremont Eagle Times is a daily newspaper in Claremont, New Hampshire, USA covering local news, sports, business, jobs, and community events. The newspaper is published six days a week - Monday through Saturday. The Claremont Eagle Times resumed publishing on October 12, 2009, under new ownership. The newspaper had ceased publication on July 13, 2009, after publisher Eagle Publications filed for Chapter 7 bankruptcy. Owner Harvey Hill said that the economy and changes in the newspaper business made it impossible to stay in business. The Eagle Times serves the Twin State Valley of New Hampshire and Vermont. Circulation: 7,903 copies
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Mondo Times editors Boulder Colorado USA | Posted at 12:02pm on Saturday, November 14th, 2009 | State Of New Hampshire Guarantees Loan For Eagle Times Bailout
The Nashua Telegraph reported on November 10, 2009:
"Harry Hartman, the newly installed publisher of the Eagle Times, said in a brief initial telephone conversation that he was “not aware” of any state link to the line of credit, but then traded phone messages with a reporter and could not be reached for further comment.
The Claremont-based newspaper had ceased publishing July 10, leaving 66 full-time workers and 29 part-timers out of work.
The Eagle, under its new ownership, resumed publishing Oct. 12, and has about 25 full-time workers, according to paperwork connected to the New Hampshire Business Finance Authority deal.
Executive Councilor Ray Burton, whose district includes Grafton and Sullivan counties, said he was unaware of the loan guarantee until shortly before the meeting at the Statehouse last week, and said he supports the deal.
“I didn’t even know it was cooking. … This is a low amount. Usually these are up in the millions,” he said of BFA loan guarantees."
The full story:
http://www.nashuatelegraph.com/News/427626-196/state-to-fund-loan-to-save-ailing.html
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Mondo Times editors Boulder, Colorado USA | Posted at 11:11pm on Wednesday, July 22nd, 2009 | The Claremont Eagle Times published its final issue on July 13, 2009.
The owner of the newspaper, Eagle Publications, filed for Chapter 7 bankruptcy last week. A Chapter 7 bankruptcy involves liquidation of a company's assets. When a company files for Chapter 7, it must stop all operations until a trustee is appointed. The trustee is responsible for selling the company's assets.
Eagle Publications president Harvey Hill sent a memo to company employees, saying "We did our best to continue the operations, but the economy and the changes in the newspaper industry have made it impossible to continue this business."
The Eagle Times had a circulation of 7,900. It served Sullivan County and towns in three bordering New Hampshire counties, along with two counties in Vermont.
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