CHICAGO (AP) – The 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 million.
Source: washington times
Summary automatically generated by NewSUM A.I. from the following sources:
- Tribune agrees to purchase by hedge fund for $630 million (washington times)
- Tribune agrees to purchase by hedge fund for $630 million (abc news)