Feder: Is Alden on the move at Tribune Publishing?
Posted June 30, 2020 1:00 am
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.
Article Comments
Guidelines: Keep it civil and on topic; no profanity, vulgarity, slurs or personal attacks. People who harass others or joke about tragedies will be blocked.
If a comment violates these standards or our terms of service, click the "flag" link in the lower-right corner of the comment box. To find our more, read our FAQ.