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Alden in talks to buy Tribune Publishing, WSJ reports

Alden in talks to buy Tribune Publishing, WSJ reports “It feels like this could be an inflection point for local news in Chicago and for the Tribune. Bloomberg Alden Global Capital is in talks to buy the rest of Tribune Publishing, according to a report from the Wall Street Journal.  This is the latest overture in Alden’s quest for ownership of the company, which publishes the Chicago Tribune, New York Daily News and other newspapers. The New York-based hedge fund made a nonbonding proposal to buy Tribune Publishing at a valuation of $520 million in late December.  Alden already owns 32 percent of the newspaper chain and is the largest stakeholder. The deal would give Alden the shares it doesn’t already own, according to the Wall Street Journal, which cited people familiar with the matter. The deal could close this month, or fall apart completely.

Development will create flood danger

Flooding fears have led to a call to Allerdale Council to honour the wishes of 500 residents to stop all further development in the village. This comes at the same time that Maryport Town council received the details of the Government’s proposal to loosen planning restriction to make it easier to build homes. Mayor Peter Kendall said the Flimby Flood Group had recently concerns again about flooding issues in the village. After Storm Desmond, which hit Flimby badly, Maryport Town Council asked for a moratorium on all development because of the lack of modern drainage and sewerage systems. This included encouraging 500 residents to send petition letters to Allerdale asking for a halt to development and for the drainage system to be upgraded to prevent further flooding.

Sinkender Selbstversorgungsgrad - Britische Bauern warnen

Sinkender Selbstversorgungsgrad - Britische Bauern warnen
schweizerbauer.ch - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from schweizerbauer.ch Daily Mail and Mail on Sunday newspapers.

Welcome to the real Corrie as seen on TV

Welcome to Corrie ­ that is Coronation Street, Maryport, not Manchester. It would be easy to muddle the two, however, as Coronation Street Maryport appeared in an advertisement in prime-time television this week, sponsoring the popular and long-running soap. The advertisement was for Argos, which has become only the fourth major sponsor in the soap opera’s 60-year history. Gavel Street resident Kimberley Benson watched it all happen. “My mum, Julie Howley, lives in Coronation Street and I can see her house from mine. “We got letters in December asking us to move our cars off the street between 7am and 5pm on day.

State s biggest business bust-ups of 2020

State s biggest business bust-ups of 2020 It was a year that tested businesses to the limit and as expected 2020 had its fair share of heavy-hitting Queensland business bust ups and defections. Business by Emmaline Stigwood Premium Content Subscriber only In a year that tested businesses like no other, 2020 saw plenty of executives switching allegiances, long-term business buddies breaking up and some major legal disputes hit the headlines.   SURF S OUT One of the biggest lawsuits of the year came when Billabong founder Gordon Merchant sued top tier tax firm EY for $58m. Mr Merchant, the Gold Coast surf lover who founded Billabong in 1973, filed a Supreme Court action outlining how following tax advice for a company sale in 2015 had allegedly ended with him being pursued by the tax office, penalised about $13m and banned from running his self managed super fund.

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