Private Equity
Veteran Chicago Tribune reporter Gary Marx talks to NPR's Scott Simon about a hedge fund's efforts to reduce staffing in the newsroom by offering buyouts. Dozens of newspaper newsrooms have been decimated in recent years, but important stories that need to be covered do not disappear. This week, David Jackson and Gary Marx, two veteran investigative reporters for the Chicago Tribune, took to the pages of The New York Times to sound an alarm because Alden Global Capital, a hedge fund, has become the largest shareholder in the Tribune Company and has begun to offer buyouts to reduce staff.

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