But the past several years have revealed that by doing well in one’s backyard, one can support a staff large enough to cover it ambitiously.The Los Angeles Times has more […]
Alden Global Capital
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Back to news homeTribune Sale to Alden Approved by Shareholders
“The purchase of Tribune reaffirms our commitment to the newspaper industry and our focus on getting publications to a place where they can operate sustainably over the long term,” Heath […]
Why Buy a Yacht When You Can Buy a Newspaper?
Billionaires have had a pretty good pandemic. There are more of them than there were a year ago, even as the crisis has exacerbated inequality. But scrutiny has followed these […]
Tribune Publishing Considers New Offer From Surprise Bidders
Tribune Publishing, the newspaper chain that includes The Chicago Tribune, The Daily News and The Baltimore Sun, said on Monday that it had begun serious discussions about a sale of […]
New Suitor May Enter Fray for Tribune Publishing
A deal that would reshape the American newspaper industry has run into complications just one month after an agreement was reached, according to three people with knowledge of the matter. […]
Hedge Fund Reaches a Deal to Buy Tribune Publishing
The newspaper business has struggled for most of the 21st century as the rise of digital media has cut deeply into the revenue once generated by print advertising and newsstand […]
Alden Global Bids for Control of Tribune
Since Alden acquired its 32 percent stake in Tribune, the hard times have continued. The company has offered buyouts and closed several newsrooms while trying to endure the effects of […]