Hedge fund Alden offers to buy Tribune, valuing it at $521M

Hedge fund Alden, Tribune’s largest shareholder, has offered to buy the rest of the newspaper publisher at a price that values it at $520.6 million Continue reading at 'ABC News'

[ ABC News | 2020-12-31 15:47:06 UTC ]
News tagged with: #largest shareholder

Other Publishing stories related to: ' Hedge fund Alden offers to buy Tribune, valuing it at $521M'


Hedge fund Alden offers to buy Tribune, valuing it at $521M

Hedge fund Alden, Tribune’s largest shareholder, has offered to buy the rest of the newspaper publisher at a price that values it at $520.6 million Continue reading at ABC News

[ ABC News | 2020-12-31 15:47:06 UTC ]
More news stories like this | News stories tagged with: #largest shareholder


Lee Enterprises rejects takeover bid from Alden hedge fund

Newspaper publisher Lee Enterprises has rejected a takeover offer from the Alden Global Capital hedge fund that is one of the largest newspaper owners in the country with a reputation for intense cost cuts and layoffs Continue reading at ABC News

[ ABC News | 2021-12-09 21:37:15 UTC ]
More news stories like this | News stories tagged with: #takeover offer


Lee Enterprises rejects takeover bid from Alden hedge fund

Newspaper publisher Lee Enterprises has rejected a takeover offer from the Alden Global Capital hedge fund that is one of the largest newspaper owners in the country with a reputation for intense cost cuts. Continue reading at Baltimore Sun

[ Baltimore Sun | 2021-12-09 19:38:26 UTC ]
More news stories like this | News stories tagged with: #takeover offer


Tribune agrees to purchase by hedge fund for $630 million

Newspaper publisher Tribune has agreed to be sold to Alden Global Capital, a hedge fund known for cutting costs and eliminating newsroom jobs, in a deal valued at $630 billion Continue reading at ABC News

[ ABC News | 2021-02-17 00:40:46 UTC ]
More news stories like this | News stories tagged with: #hedge fund #cutting costs #deal valued


Hedge fund Chatham plans to buy newspaper publisher McClatchy out of bankruptcy, ending 163 years of family control

Hedge fund Chatham plans to buy newspaper publisher McClatchy out of bankruptcy, ending 163 years of family control Continue reading at ABC News

[ ABC News | 2020-07-12 18:20:00 UTC ]
More news stories like this | News stories tagged with: #family control


Tribune Offers $3 Million to Fund Freedom Bankruptcy Case

Tribune Publishing Co., the owners of the Los Angeles Times, offered $3 million to fund Freedom Communication Inc.’s bankruptcy case during the newspaper publisher’s first bankruptcy hearing Wednesday.   A lawyer for the ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2015-11-04 00:00:00 UTC ]
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PRH Employees Take Buy-out Offer; Dohle Joins More Boards

Nearly half of eligible employees have accepted a voluntary separation offer made by the company; to qualify, employees must be at least 60 years old and have been at the company for at least 15 years. Meanwhile, former CEO Markus Dohle has joined the board of Indigo Books & Music though he... Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-06-29 04:00:00 UTC ]
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Barnes & Noble is Offering Buy One, Get One 50% Off on Hundreds of Books

Barnes & Noble is currently holding a huge Buy One, Get One 50% Off sale applied to hundreds of titles, both in store and online. Continue reading at Book Riot

[ Book Riot | 2022-10-13 17:01:37 UTC ]
More news stories like this | News stories tagged with: #barnes noble


News publisher Lee faces renewed pressure from hedge funds

Newspaper publisher Lee Enterprises is facing renewed pressure from a hedge fund to speed up its transition to digital publishing and consider adding new digital-savvy leaders to its board Continue reading at ABC News

[ ABC News | 2022-04-14 21:27:45 UTC ]
More news stories like this | News stories tagged with: #hedge funds #hedge fund #digital publishing #news publisher


Judge backs Lee Enterprises rejection of hedge fund nominees

Lee Enterprises' effort to repel a hostile takeover got a boost this week when a judge ruled the newspaper publisher could ignore two director nominations from the Alden Global Capital hedge fund Continue reading at ABC News

[ ABC News | 2022-02-15 18:29:26 UTC ]
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Sheikh Mohamed Funds Book Buying at Abu Dhabi International Book Fair

Another unexpected boost for publishers, as Abu Dhabi's crown prince puts the equivalent of US$1.6 million into play for book purchases. The post Sheikh Mohamed Funds Book Buying at Abu Dhabi International Book Fair appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2021-05-24 18:01:11 UTC ]
More news stories like this | News stories tagged with: #abu dhabi #book purchases


Hedge fund to pay $312M for McClatchy newspaper chain

Hedge fund Chatham Asset Management says it will pay $312 million to buy newspaper publisher McClatchy out of bankruptcy protection Continue reading at ABC News

[ ABC News | 2020-07-25 15:28:47 UTC ]
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William Collins buys Carney's 'inspiring' book on value

William Collins has bought the first book from ex-Bank of England governor Mark Carney, an "unblinking, inspiring" look at how value can shape our lives and world. Continue reading at The Bookseller

[ The Bookseller | 2020-06-10 02:21:59 UTC ]
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Clive Palmer buys huge ad to push plan to fund malaria drug as possible cure for Covid-19 | Amanda Meade

Mining magnate took over page two and three of the Australian for his grand scheme. Plus: News Corp journos forced to take leaveOn Friday the Australian published a double-page advertisement paid for by the mining magnate Clive Palmer, promoting his plan to fund 1m doses of the malaria drug... Continue reading at The Guardian

[ The Guardian | 2020-03-27 01:06:05 UTC ]
More news stories like this | News stories tagged with: #national broadsheet #news corp


Tribune Publishing Announces New Major Shareholder: Alden Global Capital

Tribune Publishing Company (NASDAQ: TPCO), one of the nation’s leading media companies, today announced that funds managed by Alden Global Continue reading at Editor & Publisher

[ Editor & Publisher | 2019-11-20 15:37:42 UTC ]
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Once a book selling giant, Barnes & Noble sold to hedge fund

The one-time bookselling giant is being acquired by a hedge fund for $476 million. The national chain that many blamed for the demise of independent bookstores has been ravaged by Am…; and other... To view the full story, click the title link. Continue reading at Crains New York

[ Crains New York | 2019-06-07 15:58:20 UTC ]
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Gannett Rejects Hostile Bid From Hedge Fund-Backed Group

The newspaper publisher’s board said the $1.3 billion offer “is not in the best interests of Gannett and its shareholders.” But the fight for control is likely to go on. Continue reading at The New York Times

[ The New York Times | 2019-02-05 00:00:00 UTC ]
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Quarto Receives Unsolicited Buy-out Offer

The Quarto Group announced this morning that it has received a takeover offer from an unidentified party that the company’s board believes to be “attractive and reflective of the inherent value of the business.” Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-08-08 00:00:00 UTC ]
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Libraries' Ambition report offers £4m fund but 'ignores the real issues'

The long-awaited Ambition report for Public Libraries has been published, urging local authorities to use libraries to deliver other public services such as health, with the help of a £4m dedicated fund. Continue reading at The Bookseller

[ The Bookseller | 2016-12-02 00:00:00 UTC ]
More news stories like this | News stories tagged with: #public libraries #public services


Tribune Publishing Says No to Gannett’s $815 Million Offer

The Los Angeles Times building. The owner of the newspaper, Tribune Publishing Company, rejected an unsolicited offer from Gannett. Continue reading at The New York Times

[ The New York Times | 2016-05-05 00:00:00 UTC ]
More news stories like this | News stories tagged with: #tribune publishing