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.
Gary Marx
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.