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CREDITORS COMMITTEE MEETS WITH DAILY NEWS MANAGEMENT

 CREDITORS COMMITTEE MEETS WITH DAILY NEWS MANAGEMENT
 NEW YORK, Dec. 30 /PRNewswire/ -- The Creditors Committee of the


Daily News met today with the management of the newspaper to discuss the process of reorganization. The committee came away from the meeting with an optimistic view as to the future prospects of the paper.
 Management allayed current concerns of the creditors regarding the viability of the newspaper. The committee was impressed with the apparent openness and spirit of cooperation expressed by the News management. The committee looks forward to working closely with the newspaper's management in the reorganization process.
 -0- 12/30/91
 /CONTACT: Howard Seife, counsel for the Creditors Committee of the Daily News, 212-858-6727/ CO: The Creditors Committee of the Daily News ST: New York IN: SU:


PS -- NY046 -- 5784 12/30/91 18:50 EST
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1991 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Dec 30, 1991
Words:136
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