Is Alden the Archvillain Crushing Local News? It’s a Little More Complicated.

No time like now to re-ask the burning questions that swirl around Alden Global Capital, the secreter-than-secret hedge fund relentlessly pursuing newspaper companies: Who are these guys and what do they want?

Having slashed newsrooms at The Denver Post and its other longtime holdings by a third two years ago, Alden is now putting the squeeze on Tribune Publishing, where it has bought a third of the company and two seats on Tribune’s board.

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