Hedge fund Alden Global offers to buy Tribune Publishing – CNBC

January 1, 2021

Tribune Publishing’s largest shareholder, Alden Global Capital, offered to take full control of the owner of the Chicago Tribune in a deal that values the company at $520.6 million. Alden, known for its hostile takeover bids of publishing companies, has a stake of 32% stake in Tribune.

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Bill

5 years ago

Does anyone read that rag anymore?

American Eagle

5 years ago

Reply to Bill

I understand the new owners want to rename it Pravda.

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