04.01.2021 Hedge fund Alden Global Capital bids for Tribune Publishing
Bailey McCann, Opalesque New York:

Hedge fund firm Alden Global Capital is making a push to acquire Tribune Publishing in a $520 million deal. The hedge fund is already a significant shareholder in Tribune with a 32% stake in the company.

According to an SEC filing, Alden is offering $14.25 per share, valuing Tribune at approximately $520 million.

Alden already has three seats on the T

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