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Hedge fund Alden Global Capital to buy rest of Tribune Publishing

Hedge fund Alden Global Capital to buy rest of Tribune Publishing

The American newspaper print and online media publishing company Tribune has agreed to be sold to Alden Global Capital, a hedge fund, in a deal valued at $630 million. Tribune Publishing owns the Chicago Tribune, the New York Daily News, the Baltimore Sun and other newspapers. Alden became Tribune’s largest shareholder in 2019.

Clara
Clara
Doug
Doug 1 weeks

Hedge fund media ownership bad for the public, democracy

Dan
Dan 1 weeks

SHIT! New York Daily is/was a great paper.

Chance
Chance 1 weeks

Because we really need hedgefunds to have this much more control right now. We're all screwed if something drastic doesn't happen soon. ALL of us, the perfect storm is brewing

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