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Hedge fund Alden Global Capital, known for making deep newsroom cuts, won approval to acquire Tribune Publishing, which includes the Chicago Tribune, The Baltimore Sun and New York Daily News. ....
Tribune shareholders vote to sell legendary chain of newspapers to a hedge fund washingtonpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from washingtonpost.com Daily Mail and Mail on Sunday newspapers.
Baltimore Sun reporter Jean Marbella participates in a Save Our Sun rally in March, part of an effort to secure an alternative buyer to Alden Global Capital. Credit: AFP via Getty Images Vulture Fund Alden Global, Known For Slashing Newsrooms, Buys Tribune Papers By at 8:53 am NPR The New York-based hedge fund Alden Global Capital â known for slashing its newspapers budgets to extract escalated profits â won shareholder approval Friday for its $633 million bid to acquire the Tribune Publishing newspaper chain. The purchase represents the culmination of Alden s years-long drive to take over the company and its storied titles â including the Chicago Tribune, The Baltimore Sun, New York Daily News and major metro papers from Hartford, Conn., to Fort Lauderdale, Fla. ....
Hedge fund Alden's bid for owner of Virginian-Pilot, Daily Press approved by shareholders dailypress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailypress.com Daily Mail and Mail on Sunday newspapers.
Tribune shareholders approve sale of company's newspapers to Alden mcall.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mcall.com Daily Mail and Mail on Sunday newspapers.