How Much is Tribune Publishing Worth? Is Alden Getting a Steal of a Deal at $630 Million?

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The valuation of Tribune Publishing and its nine metro newspapers, in play for takeover, continues to be an issue with fresh evidence this week that the company is doing reasonably well financially.

Tribune Publishing reported its first-quarter results Thursday with EBITDA (earnings before interest, taxes, depreciation and amortization) of $25 million...

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