Tribune Publishing, publisher of the Chicago Tribune and other major newspapers, has agreed to be acquired by Alden Global Capital in a deal valued at $630 million. Announced Tuesday after the stock market closed, the deal would create one of the largest newspaper operators in the United States.
May 21, 2021 at 6:55 PM Shareholders of Tribune Publishing, the parent company of the South Florida Sun Sentinel and other major metropolitan newsrooms, voted Friday to approve hedge fund Alden Global Capital’s $633 million purchase of the Chicago-based newspaper chain.
Tribune Publishing acquires six daily and 32 weekly suburban newspapers from Wrapports, the company that owns the Chicago Sun-Times. The publications include the Daily Southtown, Post-Tribune of northwest Indiana, Aurora Beacon-News, Elgin Courier-News, Naperville Sun, Lake County News-Sun and the weekly Pioneer Press newspapers.
More Answers On Which Company Owns The Chicago Tribune Baltimore Sun And Orlando Sentinel
May 21, 2021May 21, 2021 Shareholders of Tribune Publishing Co. agreed Friday that the company should be purchased by Alden Global Capital.
Hedge fund Alden Global Capital to buy Tribune Publishing
Feb 16, 2021Tribune Publishing, publisher of the Chicago Tribune and other major newspapers, has agreed to be acquired by Alden Global Capital in a deal valued at $630 million. Announced Tuesday after the…
Hedge fund president named new head of Tribune Publishing
May 25, 2021Jason Wambsgans, Chicago Tribune) It didn’t take long for Alden Global Capital to put its imprint — and significant debt — on Tribune Publishing, after closing its $633 million acquisition of the…
Who owns the Tribune News Service? – Writing news
Dec 19, 2021IBM bought the company in 2015 for $1 billion in equity and debt assumption, and Ferro personally made a nearly tenfold return on his investment. In early 2016, Ferro paid $44 million to acquire the largest share of Tribune Publishing and sold his stake in the Sun-Times. What are the biggest news channels?
How ownership of Tribune Publishing — the parent company of the Chicago …
Nov 25, 2019Tribune Co. agrees to go private in an $8.2 billion leveraged buyout led by Chicago real estate tycoon Sam Zell. The deal technically hands ownership to an employee stock ownership plan but gives…
Chicago Tribune, Baltimore Sun, other papers sold to hedge fund Alden
May 21, 2021Alden announced that the vote okayed the roughly $630 million deal that would give it full ownership of the Chicago Tribune, the Baltimore Sun and several other newspapers. Alden becomes the…
Hedge fund Alden’s bid to buy Tribune Publishing … – The Baltimore Sun
May 21, 2021By Christopher Dinsmore and Robert Channick Baltimore Sun • May 21, 2021 at 6:57 pm Tribune Publishing shareholders voted Friday to approve hedge fund Alden Global Capital’s $633 million purchase…
Sun Sentinel parent company, Tribune Publishing, sold to hedge fund …
Feb 17, 2021Tribune Publishing, publisher of the South Florida Sun Sentinel and other major newspapers, has agreed to be acquired by Alden Global Capital in a deal valued at $630 million. Announced Tuesday…
Tribune Publishing ends talks with Maryland hotel executive
Apr 19, 2021In addition to the Chicago Tribune, Tribune Publishing owns The Baltimore Sun; the Hartford (Connecticut) Courant; the Orlando (Florida) Sentinel; the South Florida Sun Sentinel; New York Daily …
New Sun Sentinel owner offers buyouts to newsroom employees
May 26, 2021Two days after hedge fund Alden Global Capital completed its $633 million acquisition of South Florida Sun Sentinel parent company Tribune Publishing, the new owners of the Chicago-based newspaper…
Tribune Publishing, parent of The Baltimore Sun, names new CEO as three …
Tribune Publishing CEO Justin Dearborn has stepped down after nearly three years at the helm of the Chicago-based newspaper company that owns The Baltimore Sun, the company announced Thursday.
New Owner Set for Chicago Tribune, Daily News and Baltimore Sun
May 21, 2021Tribune Publishing, owner of some of the largest metropolitan newspapers in the United States, will be acquired by a hedge fund with a reputation for slashing costs and cutting newsroom jobs, after…
Sun Sentinel parent Tribune Publishing sold to Alden Global
May 21, 2021The merger’s approval hinged on California biotech billionaire and Los Angeles Times owner Patrick Soon-Shiong, who owns 23.7% of Tribune Publishing’s 36.9 million outstanding shares. In a…
The Baltimore Sun, Tribune Publishing sued by Capital Gazette landlord …
Apr 28, 2021Apr 28, 2021 at 2:59 pm The company that owns the building formerly occupied by the Capital Gazette newspaper group is suing The Baltimore Sun and Tribune Publishing for breach of rental contract,…
Hedge fund Alden looks to buy Tribune Publishing and … – Chicago Tribune
Dec 31, 2020Alden acquired its 32% stake in Tribune Publishing in November 2019, mostly through buying former nonexecutive chairman Michael Ferro’s holdings. In total, Alden purchased 11.5 million shares of…
Hedge fund Alden looks to buy Baltimore Sun owner and go private in …
Dec 31, 2020Hedge fund Alden looks to buy Baltimore Sun owner and go private in deal valuing newspaper chain at $520 million – Baltimore Sun Business Hedge fund Alden looks to buy Baltimore Sun owner and go…
New owner set for Chicago Tribune, Daily News and Baltimore Sun
May 22, 2021The sale of Tribune, whose titles include the Chicago Tribune, The Baltimore Sun and the New York Daily News, to Alden Global Capital comes at a time of crisis for local news. The coronavirus …
Tribune Publishing ends talks about selling company to McClatchy
A bundle of Chicago Tribune newspapers comes off the press May 16, 2016, at the Tribune’s Freedom Center printing plant in Chicago. Tribune Publishing has terminated sale talks with McClatchy, a …
Hedge fund’s bid to buy Chicago Tribune, other papers approved
May 21, 2021In addition to the Hartford Courant, Tribune Publishing owns The Baltimore Sun; the Chicago Tribune; the Orlando (Florida) Sentinel; the South Florida Sun Sentinel; the New York Daily News; the …
New suitor may enter fray for Sun Sentinel parent company Tribune …
Mar 15, 2021Alden has sought full ownership of Tribune Publishing since 2019, when it revealed that it had bought its 32% stake. Last year, it failed to reach an agreement to buy the rest of the company with a…
Editorial: Tribune needs owners who care about … – Orlando Sentinel
Apr 2, 2021Here in Orlando, Craig Mateer, the founder of Bags Inc., says he wants to join the group but as an investor in the Sentinel. Mateer, who sold the baggage-handling company in 2018, has a personal …
Tribune Publishing – Wikipedia
Tribune Publishing Company (briefly Tronc, Inc.) is an American newspaper print and online media publishing company.The company, which was acquired by Alden Global Capital in May 2021, has a portfolio that includes the Chicago Tribune, the New York Daily News, The Baltimore Sun, the Orlando Sentinel, South Florida’s Sun-Sentinel, The Virginian-Pilot, the Hartford Courant, additional titles in …
Maryland businessman bids $650 million for all of … – Baltimore Sun
Mar 24, 2021A Maryland businessman has offered $650 million to purchase all of Tribune Publishing Co., the parent of The Baltimore Sun, but the Chicago-based newspaper company’s board endorsed a $630 …
Tribune shuts 5 newsroom offices including Orlando Sentinel, NY Daily News
Aug 13, 2020In an announcement Wednesday, Aug. 12, 2020, Tribune Publishing Company said it’s closing the newsrooms of five newspapers including The Daily News in Manhattan, the Orlando Sentinel and The …
Sun Sentinel
3 days agoChicago Tribune; The Baltimore Sun; The Morning Call of Pa. Daily Press of Va. The Daily Meal; New York Daily News; Orlando Sentinel; Hartford Courant; The Virginian-Pilot; Studio 1847; COMPANY …
Baltimore Sun
4 days agoChicago Tribune; Orlando Sentinel; The Morning Call of Pa. Daily Press of Va. The Daily Meal; New York Daily News; Sun Sentinel of Fla. Hartford Courant; The Virginian-Pilot; Studio 1847; COMPANY …
New owner set for Chicago Tribune, Daily News and Baltimore Sun
The sale of Tribune, whose titles include the Chicago Tribune, The Baltimore Sun and the New York Daily News, to Alden Global Capital comes at a time of crisis for local news. The coronavirus…
New Owner Set for Chicago Tribune, Daily News and Baltimore Sun
The sale of Tribune, whose titles include the Chicago Tribune, The Baltimore Sun and the New York Daily News, to Alden Global Capital comes at a time of crisis for local news. The coronavirus…
Tribune Publishing – Wikipedia
The company acquired the Fort Lauderdale-based Sun-Sentinel newspaper in 1963; this was later followed by its purchase of the Orlando Sentinel in 1965. In 1973, the company began sharing stories among 25 subscriber newspapers via the newly formed news service, the Knight News Wire.
Orlando Sentinel and parent company Tribune Publishing being sued for …
The Miami-based landlord Orlando Opportunities South B LLC and Midtown Opportunities VIB LLC sued both the Sentinel and parent company, Tribune Publishing Co., on June 18 for rent money owed on its…
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