As a Secretive Hedge Fund Guts its Newspapers, Journalists Are Fighting Back in Their Own Pages

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Demoralized by rounds of job cuts, journalists at San Jose's Mercury News and East Bay Times in Oakland, Calif., took their case to the public last month. At a rally in Oakland, they handed out a fact sheet detailing the "pillaging" of their papers, accompanied by a cartoon of a business executive trying to milk an emaciated cow.

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