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Alden closes $633 million purchase of Tribune Publishing; puts newspaper chain in debt and hedge fund president in charge Robert Channick, Chicago Tribune © Erin Hooley/Erin Hooley A delivery truck is parked at the Freedom Center, the Chicago Tribune's printing and distribution center on March 30, 2021. It didn’t take long for Alden Global Capital to put its imprint — and significant debt — on Tribune Publishing, after closing its $633 million acquisition of the Chicago-based newspaper chain Monday. Popular Searches Neither Alden nor Tribune Publishing responded to re...

Alden Global Capital completed its $633 million purchase of Tribune Publishing late Monday, taking the Chicago-based newspaper chain private and adding the Chicago Tribune and other major dailies to the hedge fund’s growing portfolio.

Alden Global Capital has completed its $633 million purchase of Tribune Publishing, taking the Chicago-based newspaper chain private and adding the Chicago Tribune and other major dailies to the hedge fund’s growing portfolio.

Hedge fund Alden closes $633 million Tribune Publishing acquisition Robert Channick, Chicago Tribune © Erin Hooley/Erin Hooley The Freedom Center, the Chicago Tribune's printing and distribution center, can be seen Tuesday, March 30, 2021, in Chicago. There was no public announcement, but regulatory filings indicate Alden Global Capital completed its $633 million purchase of Tribune Publishing late Monday, taking the Chicago-based newspaper chain private and adding the Chicago Tribune and other major dailies to the hedge fund’s growing portfolio. Popular Searches Tribune ...

Alden Global Capital completed its $633 million purchase of Tribune Publishing late Monday, taking the Chicago-based newspaper chain private and adding the South Florida Sun Sentinel, Orlando Sentinel, Chicago Tribune and other major dailies to the hedge fund’s growing portfolio.