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Hedge fund infamous for gutting newspapers now wants to take over 20-plus Midwest papers

New York-based Alden Global Capital is offering to buy Lee Enterprises, which owns the St. Louis Post-Dispatch, the Omaha World-Herald, the Sioux City Journal and other newspapers around the Midwest.

Hedge fund infamous for gutting newspapers now wants to take over 20-plus Midwest papers

New York-based Alden Global Capital is offering to buy Lee Enterprises, which owns the St. Louis Post-Dispatch, the Omaha World-Herald, the Sioux City Journal and other newspapers around the Midwest.

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