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Tribune Shareholders Approve Hedge Fund Alden's Bid | Chicago News


Associated Press | May 24, 2021 4:09 pm
Video: “Chicago Tonight” talks about the future of the Chicago Tribune with Charles Whitaker of Northwestern University’s Medill School of Journalism; and David Jackson, a senior investigative reporter at the Better Government Association. (Produced by Blair Paddock)
Shareholders of Tribune Publishing, one of the country’s largest newspaper chains, approved a $630 million takeover bid by hedge fund Alden Global Capital on Friday, the company said in a brief statement. Alden, which already owned nearly one-third of Tribune, stands to take full control of the Chicago Tribune, Baltimore Sun and other Tribune papers. 
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L.A. Times journalists sue Minnesota state troopers over attack


L.A. Times journalists sue Minnesota state troopers over attack
Wendy Lee
© Provided by The LA Times
Minnesota State Patrol officers pepper-spray and fire rubber bullets at journalists on May 2020. (Carolyn Cole/Los Angeles Times)
For their jobs, L.A. Times journalists Carolyn Cole and Molly Hennessy-Fiske have traveled to war zones and reported from dangerous areas including Iraq and Afghanistan.
But the veteran journalists say they never encountered anything like what happened on May 30 in Minneapolis when state troopers cornered and attacked them while they were covering a protest after the police killing of George Floyd.
This week, photographer Cole and Hennessy-Fiske, The Times Houston bureau chief, sued Minnesota State Patrol officers, saying they violated their 1st Amendment rights. They are seeking compensatory and punitive damages. ....

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Tribune shareholders approve hedge fund Alden's bid - New Delhi Times - India's Only International Newspaper


May 22, 2021
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Shareholders of Tribune Publishing, one of the country’s largest newspaper chains, approved a $630 million takeover bid by hedge fund Alden Global Capital on Friday, the company said in a brief statement. Alden, which already owned nearly one-third of Tribune, stands to take full control of the Chicago Tribune, Baltimore Sun and other Tribune papers.
Through its Digital First Media chain, Alden owns the Boston Herald, Denver Post and San Jose Mercury News.
Tribune offered little additional detail beyond the fact that it expects the deal to close on May 25. In a statement, Alden said the move “reaffirms our commitment to the newspaper industry” and its focus on retooling publications so they can ”operate sustainably over the long term.” ....

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