[vc_row][vc_column]

[/vc_column][/vc_row]

Browsing Tag

Tribune

Tribune Sale to Alden Accredited by Shareholders

The decision of Dr. Soon-Shiong, not voting, caused some confusion over the status of the deal. Approval required a two-thirds yes vote from investors other than Alden, who owns 32 percent of the shares in Tribune. The company's…

Tribune alerts a choice for a sale to a New York hedge fund.

Tribune Publishing announced Monday that talks about the sale to Newslight, a company founded last month by hotel manager Stewart W. Bainum Jr. in Maryland and Swiss billionaire Hansjörg Wyss, had ended after Mr Wyss split had withdrawn…

Swiss Billionaire Ends Bid for Tribune Publishing

Swiss billionaire Hansjörg Wyss, who seemed to have come out of nowhere last month to make a serious offer to Tribune Publishing, a large newspaper chain, has decided to withdraw from the offer, according to three knowledgeable people.Two…

Tribune Publishing Considers New Provide From Shock Bidders

Tribune Publishing, the newspaper chain that owns The Chicago Tribune, The Daily News and The Baltimore Sun, announced Monday that serious discussions had begun about selling the company to two bidders who made an offer almost two months…

Swiss Billionaire Joins the Bidding for Tribune Publishing

An eighty-year-old Swiss billionaire who has his home in Wyoming and donated hundreds of millions to environmental causes is a surprising new entrant in the bid for Tribune Publishing, the big newspaper chain that until recently appeared to…

New Suitor Could Enter Fray for Tribune Publishing

A deal that would transform the American newspaper industry ran into complications just a month after a deal was reached, said three knowledgeable people. As a result, New York hedge fund Alden Global Capital may have to fend off a new…

Hedge Fund Reaches a Deal to Purchase Tribune Publishing

Alden Global Capital, a hedge fund that has slashed the cost of newspapers it controls, is on Tuesday to acquire Tribune Publishing, the publisher of nine major daily newspapers in major cities including The Chicago Tribune, The Orlando…

Alden World Bids for Management of Tribune

In August, when most newspaper workers had been working remotely for months, Tribune announced that The Daily News' physical newsroom will be permanently closed. That announcement was quickly followed by the closure of The Morning Call…