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Baltimore Sun reporter Jean Marbella participates in a Save Our Sun rally in March, part of an effort to secure an alternative buyer to Alden Global Capital. Credit: AFP via Getty Images Vulture Fund Alden Global, Known For Slashing Newsrooms, Buys Tribune Papers By at 8:53 am NPR The New York-based hedge fund Alden Global Capital – known for slashing its newspapers budgets to extract escalated profits – won shareholder approval Friday for its $633 million bid to acquire the Tribune Publishing newspaper chain. The purchase represents the culmination of Alden s years-long drive to take over the company and its storied titles – including the Chicago Tribune, The Baltimore Sun, New York Daily News and major metro papers from Hartford, Conn., to Fort Lauderdale, Fla.

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