Feder: Is Alden on the move at Tribune Publishing?

Staffers at the Chicago Tribune are bracing for bad news - but hoping for a miracle. Today marks end of the standstill agreement for Alden Global Capital, the New York-based hedge fund that owns 33 percent of Tribune Publishing shares, Robert Feder writes.

That means Alden is now free to increase its stake in the company - including the possibility of acquiring the 24 percent held by Patrick Soon-Shiong, owner of the Los Angeles Times.

Get the full report, and more Chicago media news, at robertfeder.com.