Bidders for the Journal Register Co. will need to submit offers of at least $122.15 million by Jan. 18, if the bankrupt newspaper company’s bidding procedures are approved by the court.

The Journal Register filed bidding procedures in the U.S. Bankruptcy Court for the Southern District of New York in Manhattan on Nov. 29. Judge Stuart Bernstein will preside over a hearing to approve the procedures on Dec. 20.

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