How Alden Can Lose a Bidding War for Tribune Publishing and Still Make a Killing

Posted Friday, April 2, 2021 11:16 am

Rick Edmonds | Poynter

It’s been a quiet few days in the competition between hedge fund Alden Global Capital and hotel entrepreneur Stewart Bainum Jr. (plus his group of like-minded wealthy men) to acquire Tribune Publishing.

To review, Alden has an offer, tentatively accepted by the company, to pay $17.25 a share for the Tribune stock...

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How Alden Can Lose a Bidding War for Tribune Publishing and Still Make a Killing

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