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Denver Post Rebels Against Its HedgeFund Ownership The New York Times0

Denver Post Rebels Against Its HedgeFund Ownership The New York Times

WebApr 7, 2018 Already devastated by staff reductions made since Alden Global Capital took over in 2010, The Post was ordered last month to slash another 30 jobs from a newsroom whose count was already below 100.

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Hedge Fund Reaches a Deal to Buy Tribune Publishing The New York Times1

Hedge Fund Reaches a Deal to Buy Tribune Publishing The New York Times

WebFeb 16, 2021 Alden Global Capitals move continues the financial industrys acquisition of major newspaper chains. The Baltimore Sun, a Tribune paper, will be sold to a Maryland hotel executive.

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A hedge fundlinked company bought a mobile home park2

A hedge fundlinked company bought a mobile home park

WebNov 2, 2022 Aldens website consists of a single photo sunlight streaming through a forest and the statement Alden Global Capital is an investment manager based in West Palm Beach, FL. According to 60 Minutes, which in February reported on the struggling state of the newspaper industry, Alden Global Capital owns more than 200 newspapers.

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Owners of 4 Pennsylvania daily newspapers sell to3

Owners of 4 Pennsylvania daily newspapers sell to

WebAug 31, 2023 MediaNews Groups parent company is Alden Global Capital, a New York hedge fund that has been buying up newspapers across the country and faced criticism for slashing budgets and cutting jobs.

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The Atlantic JanuaryFebruary Issue The Commons The Atlantic4

The Atlantic JanuaryFebruary Issue The Commons The Atlantic

WebDec 21, 2021 Alden Global Capitals track record has already shown that it is perfectly willing to destroy one of Americas most storied papers for a quick buck. Its a shame no civic-minded, wealthy ...

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Owners of 4 Pennsylvania daily newspapers sell to5

Owners of 4 Pennsylvania daily newspapers sell to

WebAug 31, 2023 MediaNews Groups parent company is Alden Global Capital, a New York hedge fund that has been buying up newspapers across the country and faced criticism for slashing budgets and cutting jobs.

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The Atlantic JanuaryFebruary Issue The Commons The Atlantic6

The Atlantic JanuaryFebruary Issue The Commons The Atlantic

WebDec 21, 2021 Alden Global Capitals track record has already shown that it is perfectly willing to destroy one of Americas most storied papers for a quick buck. Its a shame no civic-minded, wealthy ...

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Major Newspaper Company Will Stop Endorsing National7

Major Newspaper Company Will Stop Endorsing National

WebOct 6, 2022 The change will be announced in an editorial set to run in Alden Global Capitals more than 200 papers as early as Friday. Alden Global Capital, which owns about 200 U.S. newspapers, has told ...

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Alden Global Capital Fund and Executive Details8

Alden Global Capital Fund and Executive Details

WebAlden Global Capital is a hedge fund company based in New York, NY. They operate 8 private funds and have approximately $2.12 billion in total assets under management (AUM). You can view more information on Alden Global Capital including private fund info, contact info, top management and executives, website, email addresses, and more below

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Controversial hedge fund wins bidding for Tribune9

Controversial hedge fund wins bidding for Tribune

WebMay 21, 2021 Alden offered $17.25 a share in cash, making Soon-Shiongs Tribune stake worth about $150 million. Alden already was the companys largest shareholder.

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Hedge fund known for cutting journalism jobs is seeking10

Hedge fund known for cutting journalism jobs is seeking

WebNov 22, 2021 Alden Global Capital, a hedge fund known for gutting local newsrooms, is seeking to buy Lee Enterprises (LEE), a publicly traded company with a chain of daily newspapers and other publications ...

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The vulture is hungry again Alden Global Capital wants to11

The vulture is hungry again Alden Global Capital wants to

WebJan 20, 2011 Shares of Lee Enterprises Inc. rose sharply Monday after hedge fund Alden Global Capital LLC offered to buy the newspaper publisher for about $141 million. Alden, which took Chicago-based newspaper chain Tribune Publishing private in May, said it made a proposal to buy Lee for $24 a share in cash, a 30% premium to Fridays closing price

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Hedge Funds Run at Tribune Publishing Ends With a New12

Hedge Funds Run at Tribune Publishing Ends With a New

WebJul 2, 2020 Christopher Dilts/Bloomberg. By Marc Tracy. July 2, 2020. Alden Global Capital seemed in position this week to take control of Tribune Publishing, a move that would have enabled the New York hedge ...

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Alden Global Capital is buying and gutting local newspapers NPR13

Alden Global Capital is buying and gutting local newspapers NPR

WebOct 18, 2021 NPRs A Mart nez talks to McKay Coppins of The Atlantic about how a hedge fund, Alden Global Capital, is buying and then gutting newspapers and the implications for democracy.

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Alden Closes Bowie BladeNews After Buying Tribune14

Alden Closes Bowie BladeNews After Buying Tribune

WebJul 29, 2021 The 41-year-old Bowie Blade-News published its final newspaper on Thursday, two months after Alden Global Capital bought its parent company. Credit...

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The vulture is hungry again Alden Global Capital wants to15

The vulture is hungry again Alden Global Capital wants to

WebJan 20, 2011 Shares of Lee Enterprises Inc. rose sharply Monday after hedge fund Alden Global Capital LLC offered to buy the newspaper publisher for about $141 million. Alden, which took Chicago-based newspaper chain Tribune Publishing private in May, said it made a proposal to buy Lee for $24 a share in cash, a 30% premium to Fridays closing price

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Hedge Funds Run at Tribune Publishing Ends With a New16

Hedge Funds Run at Tribune Publishing Ends With a New

WebJul 2, 2020 Christopher Dilts/Bloomberg. By Marc Tracy. July 2, 2020. Alden Global Capital seemed in position this week to take control of Tribune Publishing, a move that would have enabled the New York hedge ...

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Alden Closes Bowie BladeNews After Buying Tribune17

Alden Closes Bowie BladeNews After Buying Tribune

WebJul 29, 2021 The 41-year-old Bowie Blade-News published its final newspaper on Thursday, two months after Alden Global Capital bought its parent company. Credit...

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Local newsrooms strained by budgetslashing financial firms18

Local newsrooms strained by budgetslashing financial firms

WebJun 12, 2022 But he says the worst culprit is the hedge fund Alden Global Capital, which bought the Mercury in 2011 and has since sold the papers building and slashed newsroom staff by about 70%.

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Battle For Tribune Publishing Ends In A Whimper For Hedge Fund Alden Global19

Battle For Tribune Publishing Ends In A Whimper For Hedge Fund Alden Global

WebMay 22, 2021 Tribune TPCO 0.0% 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 ...

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Heres how entrepreneurial local journalists are fighting20

Heres how entrepreneurial local journalists are fighting

WebMay 1, 2018 The News closed in 2009. The following year, Alden bought MediaNews Group, and the slashing began. Editor Greg Moore, a former managing editor of The Boston Globe, quit in 2016 as the cuts mounted. The fate of the Post became a national story in the spring of 2018, when Alden went on a bloodletting frenzy and the staff erupted in open

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Alden Global Capital loses lawsuit to nominate its slate of21

Alden Global Capital loses lawsuit to nominate its slate of

WebFeb 15, 2022 A Delaware Chancery Court judge ruled Tuesday that Lee Enterprises followed its bylaws in rejecting hedge fund Alden Global Capitals bid to nominate two candidates for Lees eight-member ...

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Action needed to avoid local news setbacks like22

Action needed to avoid local news setbacks like

WebSep 1, 2023 Alden Global Capitals purchase of four local papers highlights the need for new policies and more options. By Steven Waldman. September 1, 2023. In announcing the sale of its Pennsylvania ...

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Iowas Lee Enterprises reelects directors despite Alden23

Iowas Lee Enterprises reelects directors despite Alden

WebMar 11, 2022 Alden Global Capital had urged shareholders to vote against Chairman Mary Junck and longtime director Herbert Moloney after a judge blocked its effort to nominate its own directors, but the rules ...

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Buffalo News publisher rejects Alden Global Capitals24

Buffalo News publisher rejects Alden Global Capitals

WebDec 9, 2021 The Buffalo News publisher rejects a bid from Alden Global Capital. The board of Lee Enterprises voted 8-0 against an unsolicited offer by the hedge fund that valued the newspaper chain at $141 ...

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Swiss Billionaire Joins the Bidding for Tribune Publishing25

Swiss Billionaire Joins the Bidding for Tribune Publishing

WebMar 27, 2021 The philanthropist Hansj rg Wyss has teamed with the Maryland hotel executive Stewart Bainum in a bid to upend Alden Global Capitals plan to acquire the newspaper chain.

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Alden Global Capital LLC Announces That Affiliate Has Filed26

Alden Global Capital LLC Announces That Affiliate Has Filed

WebJan 27, 2022 WEST PALM BEACH, Fla.--(BUSINESS WIRE)--Alden Global Capital, LLC (together with its affiliates, Alden or we ), who through an affiliate has an ownership stake of approximately 6.3% of Lee ...

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Union turmoil erupts at Daily News owner as Alden Global Capital27

Union turmoil erupts at Daily News owner as Alden Global Capital

WebJun 3, 2021 Heath Freeman, the president of Alden Global Capital who assumed the CEO job at Tribune publishing after firing Terry Jimenez, wants to push through the massive buyouts before the close of the ...

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Buffalo News publisher rejects Alden Global Capitals28

Buffalo News publisher rejects Alden Global Capitals

WebDec 9, 2021 The Buffalo News publisher rejects a bid from Alden Global Capital. The board of Lee Enterprises voted 8-0 against an unsolicited offer by the hedge fund that valued the newspaper chain at $141 ...

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Alden Global Capital LLC Announces That Affiliate Has Filed29

Alden Global Capital LLC Announces That Affiliate Has Filed

WebJan 27, 2022 WEST PALM BEACH, Fla.--(BUSINESS WIRE)--Alden Global Capital, LLC (together with its affiliates, Alden or we ), who through an affiliate has an ownership stake of approximately 6.3% of Lee ...

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Union turmoil erupts at Daily News owner as Alden Global Capital30

Union turmoil erupts at Daily News owner as Alden Global Capital

WebJun 3, 2021 Heath Freeman, the president of Alden Global Capital who assumed the CEO job at Tribune publishing after firing Terry Jimenez, wants to push through the massive buyouts before the close of the ...

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Heath Freeman Buys East Hampton Restaurant for 4M31

Heath Freeman Buys East Hampton Restaurant for 4M

WebDec 24, 2021 Freeman co-founded the secretive hedge fund Alden Global Capital with Randall Smith in 2007. The firm, which acquired Tribune Publishing for $630 million earlier this year, has become notorious ...

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Alden Global Capital CoFounder Sells Palm Beach Home32

Alden Global Capital CoFounder Sells Palm Beach Home

WebJan 5, 2023 The co-founder of billion-dollar hedge fund Alden Global Capital sold a renovated non-waterfront home in Palm Beach for $23 million, two years after buying it for $7.9 million.

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Lee Enterprises Enacts Poison Pill to Guard Against Alden Takeover WSJ33

Lee Enterprises Enacts Poison Pill to Guard Against Alden Takeover WSJ

WebNov 24, 2021 Lee Enterprises Inc. said its board has approved a shareholder rights plan, also known as a poison pill, that would prevent hedge fund Alden Global Capital LLC from acquiring more than 10% of the ...

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Alden Global Capital is making a move to buy Lee34

Alden Global Capital is making a move to buy Lee

WebDec 5, 2021 Alden Global Capital is, according to its website, a New York City-based investment firm. The hedge fund was founded in 2007 and through acquisitions has become the second-largest owner of ...

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Heath Freeman Buys Coconut Grove Mansion For 19M The Real Deal35

Heath Freeman Buys Coconut Grove Mansion For 19M The Real Deal

WebSep 17, 2021 Heath Freeman leads Alden Global Capital, a hedge fund that paid $633 million for Tribune Publishing, the national newspaper company that owns South Florida Sun-Sentinel.

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Who is investor Randall Smith and why is he buying up36

Who is investor Randall Smith and why is he buying up

WebJuly 27, 2011. Even in the close-mouthed world of hedge fund investment, Randall Smith, the principal of Alden Global Capital, gives new meaning to the euphemism low profile.. Smiths ...

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Alden Global Capital moved 250 million from newspaper37

Alden Global Capital moved 250 million from newspaper

WebApr 17, 2019 Alden Global Capital, a prominent hedge fund that controls more than 100 local newspapers, moved nearly $250 million of employee pension savings into its own accounts in recent years, an unusual ...

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Patriot Act With Hasan Minhaj on Local Newspapers WATCH Vulture38

Patriot Act With Hasan Minhaj on Local Newspapers WATCH Vulture

WebJun 8, 2020 The biggest offender, Alden Global Capital, has been called the grim reaper of American newspapers by Vanity Fair. Make no mistake Racking up debt, selling off assets, laying off staff ...

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Alden Global Capital LLC Dun amp Bradstreet39

Alden Global Capital LLC Dun amp Bradstreet

WebAlden Global Capital LLC Company Profile New York, NY Competitors, Financials amp Contacts - Dun amp Bradstreet

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Hedge Fund Alden Global Capital Poised To Acquire Tribune Publishing NPR40

Hedge Fund Alden Global Capital Poised To Acquire Tribune Publishing NPR

WebApr 1, 2021 The hedge fund Alden Global Capital is poised to acquire full control of Tribune Publishing. It already owns nearly 200 papers around the country. Those who have worked for the company say beware.

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