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Why Jeff Bezos Should Rescue Tribune s Newspapers From Alden Global Capital Amazon CEO Jeff Bezos attends the premiere of The Post at The Newseum, in Washington, D.C., on Dec. 14, 2017. Brent N. Clarke/Brent N. Clarke/Invision/AP It’s going to take a miracle to save the Chicago Tribune, the Hartford Courant, New York’s Daily News and six other large-market dailies from the greedy clutches of Alden Global Capital, the hedge fund that’s widely regarded as the worst newspaper owner in the country. On May 21, Tribune Publishing’s board is scheduled to vote on selling its papers. At this point, it looks like the only viable bid is from Alden, which has offered $635 million to boost its share of the company from 32% to 100%. A competing bid from the Baltimore hotel magnate Stewart Bainum was dealt a huge setback recently when his partner, the Swiss philanthropist Hansjörg Wyss, pulled out. Bainum, who wants to acquire Tribune’s Baltimore Sun and turn it over to a nonpro

New yorkUnited statesStewart bainumAlec macgillisJeff bezosBaltimore sunMarty baronMedianews groupWashington postChicago tribuneNortheastern school of journalismNew york daily newsBoston globeLabor departmentHartford courantDaily news