Alden Global Capital Completes $633 Million Tribune Publishing Acquisition - "Vulture" Hedge Fund Becomes Second-Largest U.S. Newspaper Publisher
On May 21, 2021, Tribune Publishing shareholders approved hedge fund Alden Global Capital’s $633 million acquisition of the newspaper chain, making Alden the second-largest newspaper publisher in the United States. The transaction gave Alden control over nine major metropolitan dailies …
Alden Global Capital
Tribune Publishing
Randall D. Smith
Chicago Tribune
Baltimore Sun
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media-consolidation
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hedge-fund-predation
local-journalism
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