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Reading Eagle, WEEU parent files for bankruptcy

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Reading Eagle, WEEU's  parent company has filed  for bankruptcy
Reading Eagle, WEEU's parent company has filed for bankruptcy

The Reading Eagle Co. which publishes a daily newspaper, The Reading Eagle, and runs radio station WEEU 830 AM, has announced that is seeking bankruptcy protection.

The 150-year-old, family-owned company said it will continue to operate, publish and broadcast under bankruptcy rules while it attempts to find a buyer for its operations.

The Reading-based company said in a press release that it had retained a media broker, Dirks, Van Essen, Murray & April of Santa Fe, New Mexico, and has met with several potential buyers over the past few months.

It said it is hopeful that it will attract a buyer.

The company also operates the weekly newspaper, South Schuylkill News; Pretzel City Productions, an entertainment and event division; and REP, its commercial printing subsidiary.

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Stacy Wescoe

Stacy Wescoe

Reporter Stacy Wescoe has her finger on the pulse of the business community in the Greater Lehigh Valley and keeps you up-to-date with technology and trends, plus what coworkers and competitors are talking about around the water cooler — and on social media. She can be reached at stacyw@lvb.com or 610-807-9619, ext. 4104. Follow her on Twitter at @morestacy and on Facebook. Circle Stacy Wescoe on .

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