The clock is nearing midnight for the Chicago Tribune and efforts to prevent a takeover from controversial hedge fund Alden Global Capital. WTTW News has learned there are still active talks behind the scenes to come up with a bid that could derail Alden’s plan.
Chicago Tribune
Apr 18, 2021 |
A Maryland hotel executive is trying to assemble new financing for a $680 million offer to buy Tribune Publishing after his partner, a Swiss billionaire, pulled out of the bidding for the newspaper chain.
Apr 12, 2021 |
The Chicago Tribune newspaper could become a nonprofit. Crain’s Chicago Business editor Ann Dwyer takes us behind the headline of that story and more.
Mar 29, 2021 |
Two more investors have stepped forward in a last-ditch effort to prevent hedge fund Alden Global Capital from taking control of Tribune Publishing, which owns the Chicago Tribune and eight other newspapers. We discuss the latest developments.
Mar 15, 2021 |
A competing bid to buy Tribune Publishing could derail hedge fund Alden Global Capital’s takeover of the Chicago Tribune. Crain’s Chicago Business editor Ann Dwyer has details on this story and more.
Feb 18, 2021 |
Alden Global Capital seeks to buy Tribune Publishing in a $630 million deal, but the deal has newsroom journalists worried because of Alden’s history of deep cuts at other newsrooms.
Jan 26, 2021 |
Blair Kamin, Phil Vettel and Howard Reich have taken voluntary buyouts at the Chicago Tribune after decadeslong careers at the newspaper. They discuss their experiences at the paper and what comes next.
Dec 31, 2020 |
Alden sent a letter to the Chicago Tribune on Dec. 14, according to a regulatory filing posted Thursday, offering $14.25 per share for the stock of Tribune it doesn’t already own. Alden owns 31.6% of Tribune shares.
Jul 28, 2020 |
How should local newspapers and the media industry at large differentiate between news and opinion? What the Chicago Tribune is doing to clarify its content.
Feb 10, 2020 |
Two veteran journalists who agreed to leave the Chicago Tribune after a recent round of buyouts talk about their hopes for the company’s future.
Feb 3, 2020 |
Tribune Publishing said it has named finance chief Terry Jimenez as its new CEO, succeeding Timothy Knight, who will leave the company after a year in the top job.
Jan 20, 2020 |
Two Chicago Tribune investigative reporters are speaking publicly about their fears for the company amid staff cuts and uncertainty over the hedge fund Alden Global Capital, now the largest shareholder of Tribune Publishing.
Dec 26, 2019 |
Before search engines and Wikipedia, where could Chicagoans go when they needed to know something fast? Geoffrey Baer serves up the story of a popular information service.
Dec 18, 2019 |
A notorious hedge fund becomes the largest shareholder of Tribune Publishing. Two other news outlets are going by the wayside. But the local media landscape includes some possible bright spots, too.
Nov 20, 2019 |
Tribune Publishing stock soared as much as 15% Wednesday after Alden Global, a hedge fund known for making deep cuts to newsrooms, bought out Tribune’s largest stockholder.
Jul 10, 2019 |
After a decade commenting on news for the Chicago Tribune, editorial cartoonist Scott Stantis is stepping back from the daily grind. He joins us.
