Alden Global Capital

(Newser) - Newspaper publisher Lee Enterprises has rejected a takeover attempt by 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. But the fight over the company's future is likely far from over, the...

(Newser) - 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. Tribune Publishing Co., which owns the Chicago Tribune, the New York Daily News, the Baltimore Sun, and other newspapers,...