JOURNAL REGISTER CO(NYSE: JRC) (JRC)

[hinchback]

Lazard is an excellent financial advisor, expect good news in the near future. O/S only 39m

http://www.lazard.com/Business/Advisory.aspx

Journal Register Company Hires Lazard Freres as Its Financial Advisor
Monday April 7, 8:40 am ET

YARDLEY, PA--(MARKET WIRE)--Apr 7, 2008 -- Journal Register Company (NYSE:JRC - News) announced today that it hired Lazard Freres & Co. LLC as its financial advisor. James W. Hall, Chairman & Chief Executive Officer, stated, "Lazard Freres will help us evaluate our strategic options. While we are concerned about the state of the overall economy and the environment for print advertising, we generated $90.3 million of EBITDA in 2007, well in excess of our $38.5 million interest expense, reduced debt by $105 million during 2007 and have no scheduled principal payments due until the second quarter of 2009."
The Company has no debt for money borrowed except under its amended and restated credit agreement with JPMorgan Chase Bank, N.A., as administrative agent.


*beatiful chart ready to bounce imo