I’ve already written about this twice, so I’ll go light on the details here. But DallasNews Corp. recently agreed to be acquired by Hearst for $14 a share. Soon after that, Alden Global Capital, ...
Alden has been one of America’s foremost shoemakers since their founding in 1884, lauded for their no-compromise approach to materials and construction. Notoriously, they’re also rarely ever seen in ...
Unsurprisingly, hedge fund Alden Global Capital has turned to the courts to try to gain leverage in its hostile takeover bid for Lee Enterprises. In a suit filed Wednesday, an Alden affiliate argues ...
There’s an Alden Ehrenreich renaissance happening right now. The actor, 33, has had a huge year with three major movies. His latest is the Netflix film, Fair Play, with Bridgerton breakout Phoebe ...
Alden Global Capital is miffed that The Dallas Morning News won’t offer itself up for disembowelment
That’s the tone of a letter the vulturous hedge fund’s executives sent last night to the owner of The Dallas Morning News. As I wrote on Monday, the DallasNews Corporation recently agreed to be ...
Tribune Publishing, publisher of the Chicago Tribune and other major newspapers, has agreed to be acquired by Alden Global Capital in a deal valued at $630 million. Announced Tuesday after the stock ...
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Alden Global Capital — a hedge fund known for making steep cuts at the local newspapers it owns — will buy the Chicago Tribune, the New York Daily News and several other big-name local papers in a ...
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