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Alden Global Capital’s Tribune Deal Looks Unstoppable

by forbes.com posted 4months ago 21 views
The NewsGuild is making a last-ditch effort to derail Alden Capital’s $635 million acquisition of Tribune Publishing. : Alden Global Capital’s $635 million acquisition of Tribune Publishing TPCO .will probably survive a last-ditch effort by the NewsGuild to derail it. The union has held public forums to discuss what it considers to be Alden’s problematic track record of cutting newsroom budgets to the bone and loading up papers with debt. Another NewsGuild meeting will be held in Chicago next week.

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