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Chicago Tribunes New Investor Is Hedge Fund Known for Layoffs

Michael Ferro, the largest shareholder in Tribune Publishing Co., sold his 25% stake in the newspaper company for about $118 million to Alden Global Capital LLC, a hedge fund known for making deep cuts to newsrooms


Source: Bloomberg


https://www.bloomberg.com/news/articles/2019-11-19/tribune-publishing-s-top-investor-sells-shares-to-alden-capital?srnd=premium



26 2019 | View: 16 | Foreign experience | Printint version
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