‘Terrible News’: Tribune Shareholders Approve $633 Million Sale to Vulture Fund Alden Global – Jessica Corbett (05/24/2021)
Tribune Publishing shareholders on Friday approved “vulture” fund Alden Global Capital’s $633 million bid to buy the Chicago-based newspaper chain—a development that sparked both confusion about how key ballots were recorded as well as outrage among journalists, union leaders, and readers alarmed over what the future may hold. The New York-based hedge fund, which critics…
Source: https://wallstreetwindow.com/2021/05/terrible-news-tribune-shareholders-approve-633-million-sale-to-vulture-fund-alden-global-jessica-corbett-05-24-2021/
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