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- Newspapers in Alden's portfolio include Chicago Tribune, The Denver Post, the St. Paul Pioneer Press, the Boston Herald, The Mercury News, East Bay Times, The Orange County Register, and Orlando Sentinel.
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Oct 14, 2021 · In May, the Tribune was acquired by Alden Global Capital, a secretive hedge fund that has quickly, and with remarkable ease, become one of the largest newspaper operators in the country. The...
Alden purchased a 5.9-percent stake in Lee Enterprises in January 2020. Lee Enterprises owns 77 daily newspapers, including the Buffalo News, Omaha World-Herald and the Tulsa World. In November 2021, Alden made an offer to Lee to purchase the company in its entirety for roughly $141 million.
Oct 18, 2021 · NPR's A Martínez 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.
- Rachel Treisman
May 21, 2021 · The New York-based hedge fund Alden Global Capital – known for slashing its newspapers' budgets to extract escalated profits – won shareholder approval Friday for its $633 million bid to...
Oct 6, 2022 · Alden Global Capital owns about 200 newspapers in the United States, including The Chicago Tribune, The New York Daily News and The Denver Post. Only Gannett, which owns USA Today and other...
Nov 22, 2021 · New York CNN Business —. 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 ...
May 21, 2021 · May 21, 2021. Tribune Publishing, the owner of some of the largest metropolitan newspapers in the United States, will be acquired by a hedge fund with a reputation for slashing costs and cutting...
