N.J. Star Ledger Could Shut Down

Publisher George Arwady of The Star-Ledger in Newark, N.J., has told employees that the paper will close on Jan. 5, 2009, if 200 buyouts and several union concessions are not met, or if the paper cannot be sold.

The e-mail, obtained by E&P, sent to workers today is posted below. It comes about a month and a half after the paper announced it would need 200 employees to take buyouts–and the drivers and mailers unions to renegotiate contracts–or the newspaper could be sold.

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