JoongAng Ilbo headquarters (right in photo) and JTBC headquarters in Sangam-dong, Seoul. Reporter Kim Jeong-geun JoongAng Ilbo, which is suffering from a liquidity crisis, received a decision on the 10th to initiate a corporate structure improvement work (workout). According to the financial sector, financial creditors, including Hana Bank, the main creditor bank, held the first meeting on the same day and agreed to initiate a workout for JoongAng Ilbo through a written resolution. The workout involves creditors holding more than three-quarters of the total financial receivables...