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Asia Times

Asia Times

Covering geo-political news and current affairs across Asia

Tag: Alden Global Capital

Posted inMedia

Vulture hedge fund nabs US Tribune newspaper group

by Rob Lever February 18, 2021February 18, 2021

A hedge fund has struck a deal to acquire the publisher of the Chicago Tribune, New York Daily News and other regional dailies, stoking fears of fresh job cuts in the battered US newspaper sector. Alden Global Capital, which already owns some 50 US newspapers, agreed to buy the shares it does not already own […]

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