Hedge fund Alden Global Capital in hunt for big newspaper chain Lee Enterprises

Chicago S-T

22 Nov 2021 0 shares 1 views

Chicago S-T

Published 22 Nov 2021

Lee Enterprises tries to ward off hostile takeover by Alden

SeattlePI.com 28 Nov 2021

DAVENPORT, Iowa (AP) — The Lee Enterprises newspaper chain has adopted a “poison-pill” plan to protect itself from a hostile..

The hedge fund, which owns about 200 papers and bought Tribune Publishing earlier this year, bid $141 million for Lee, which..

NYTimes.com 22 Nov 2021

Hedge fund Alden Global Capital, one of the country's largest newspaper owners with a reputation for intense cost cuts and layoffs,..

SeattlePI.com 22 Nov 2021