Newspaper ownership changing hands…
Hedge fund Alden Global Capital is looking to buy Tribune Publishing and take the Chicago-based newspaper company private in a deal valued at $520 million.
Alden, which already owns 32% of the company that owns The Baltimore Sun and other news organizations, made a nonbinding proposal Dec. 14 to buy out other shareholders for $14.25 per share, according to a filing Thursday with the Securities and Exchange Commission.
https://www.baltimoresun.com/business/bs-bz-alden-tribune-baltimore-20201231-v6drvcugfzddte3u5ert54mexi-story.html