Archive: 3/9/2014
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  3/9/2014, Adar Bet 7, 5774

Court OKs Ma'ariv Management's Recovery Plan


A financial recovery plan for the Ma'ariv daily received court approval Sunday evening. The plan includes a 60-day freezing of proceedings and the appointment of accountant Hen Berdichev as a trustee.

Thanking the court for its trust, management said it would implement the model quickly and completely, starting on Monday with a daily evening edition to be delivered nationwide to subscribers and stores. The statement said the Friday paper would grow stronger and if the books of the nrg.com website balance, it will keep it while looking for other investors.