Rending of Garments and Gnashing of Teeth – Alden Global Buy of Tribune Publishing OK’d
From Poynter: May 21, 2021 Tribune Publishing said that hedge fund Alden Global Capital’s bid for the company, valued at $630 million, was approved Friday at a virtual shareholders meeting, as had been expected. The merger of Tribune’s nine metros with Alden’s MediaNews Group and its roughly 60 dailies, to be completed by June 30, […]