Pension, trade and all other unsecured creditors of GateHouse were not affected under the prepackaged plan. GateHouse’s secured lenders, whose debt was cancelled under the plan, received choice of shares in New Media or a 40 percent cash distribution. The publicly traded shares of GateHouse have been cancelled, with shareholders receiving warrants for New Media stock.
(Wouldn't you love to your debt reduced by 40% as they did?) Ken