Black Press, owner of Everett Herald, files for bankruptcy

Black Press Ltd., owner of the Everett Herald’s parent company, Sound Publishing, is seeking a sale to new ownership as part of a corporate restructuring transaction, Black Press announced Jan. 15 and reported in the Lynnwood Times. That day Black Press obtained an Initial Order from the Supreme Court of British Columbia in Vancouver.

The ownership group would include Canadian institutional investors Canso Investment Counsel, Deans Knight Capital Management and Carpenter Media Group, the Times reports.

Carpenter has operations in Texas, Louisiana, Mississippi, Tennessee, Georgia, North Carolin...