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The union said cuts imposed by Alden Global Capital have “gutted newsrooms” and included cutting the Chicago Tribune's staff from 111 to 76 people since June 2021.
LOS ANGELES — The owner of the Los Angeles Times has sold sister paper The San Diego Union-Tribune to MediaNews Group, which owns hundreds of papers around the country, the paper announced Monday.
A deal to sell the newspapers of Tribune Publishing has been approved by the company's shareholders.
Tribune Publishing shareholders today approved its $630 million sale to Alden Global Capital, a New York-based hedge fund with a controversial track record for slashing newsroom budgets that worries j
CHICAGO, May 21, 2021 /PRNewswire/ -- Tribune Publishing Company (NASDAQ:TPCO) ("Tribune" or the "Company") today announced that its stockholders voted to approve the definitive merger agreement with
A hedge fund won approval Friday after a bitter campaign to acquire Tribune Publishing to create the second-largest US newspaper chain, in the latest consolidation in the battered sector.
Shareholders of Tribune Publishing, parent company of the New York Daily News and one of the country's largest newspaper chains, on Friday approved a takeover by hedge fund Alden Global Capital.
Shareholders in Tribune Publishing Company (NASDAQ: TPCO) has accepted a $633 million acquisition proposal from the hedge fund Alden Global Capital. What Happened: Tribune Publishing has media operati
(Reuters) -Tribune Publishing Co said on Monday Swiss billionaire Hansjoerg Wyss had decided to leave a group that had made a $680 million approach for the owner of the Chicago Tribune and the New Yor
CHICAGO, April 19, 2021 /PRNewswire/ -- Tribune Publishing Company (NASDAQ:TPCO) ("Tribune" or the "Company") today confirmed receipt of a letter dated April 17, 2021, from Stewart Bainum ("Mr. Bainu
A Maryland hotel executive is trying to assemble new financing for a $680 million offer to buy Tribune Publishing after his partner, a Swiss billionaire, pulled out of the bidding for the newspaper ch
Swiss billionaire Hansjoerg Wyss has decided to drop out of a group that was bidding for Tribune Publishing Co, the New York Times and Bloomberg News reported on Saturday.
As the bidding war for Tribune Publishing heats up, groups of investors are quietly forming allegiances on the sidelines in hopes of snagging newspaper assets expected to be sold off in the process. T
Tribune Publishing Company (NASDAQ: TPCO) has acknowledged the receipt of a $680 million acquisition proposal from Newslight LLC, a joint venture owned by Stewart W. Bainum Jr., chairman of Choice Hot
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