NewsGuild Formally Makes the Case That Tribune Publishing Shareholders Should Reject Alden’s Takeover Offer

Posted Wednesday, May 5, 2021 5:23 pm

Rick Edmonds | Poynter

The NewsGuild, long a fierce critic of Alden Global Capital, is now trying to persuade Tribune Publishing shareholders to reject the hedge fund’s bid for the company at a special meeting May 21.

The union advanced a number of arguments against the deal in a filing Wednesday with the Securities and Exchange Commission. The main one: The offer price of $17.25 undervalues the company.

Click here to read more.

Comments

No comments on this item Please log in to comment by clicking here

Scroll the Latest Job Opportunities From The Media Job Board

E&P Exclusives

What does the future local website look like? Part 2

In this month's column, E&P columnist Guy Tasaka shares some thoughts on what the future local media website looks like and how local media publishers can thrive in the new environment. As you read his thoughts, consider that any local presence that has the legacy trust can take this playbook and run with it. It could be the two largest television stations in the market, the public media company, the big university or the local chamber of commerce. There are no swimlanes anymore, and local media 3.0 will be a winner-take-all race.

E&P’s 2024 class of News Media’s 10 to Watch

The 2024 class of 10 News Publishers That Do It Right is now E&P’s News Media’s 10 to Watch. They represent our industry with small-town publishers to large properties; monthly, weekly and daily publications; legacy print and digital publications; business, university and alternative publications — representing the breadth and depth of our industry. Each faced challenges and innovated to overcome them, and each has a story to tell — revenue, content, community service, engagement, business model or platform. We’re excited to highlight these 10 to Watch to give you energy and ideas.

Read E&P Exlcusives

Latest (Proudly Printed) Magazine

#NewsPeople on the move

Reuters hires Kavya Balaraman as editor on commodities and energy team

Reuters has hired Kavya Balaraman to be an editor on the commodities and energy team.

Veteran news executive Sean McLaughlin joins Graham Media Group

Graham Media Group, the local media division of Graham Holdings Company (NYSE: GHC), announced today that Sean McLaughlin has been named vice president of news for the company's local media hubs. McLaughlin brings over two decades of experience leading innovative news strategies across multiple platforms.

See more NewsPeople

Latest E&P Sponsored Case Studies

How to Sell Digital Advertising in 30 Minutes

Hyperlocal news publisher and creator of Broadstreet Kenny Katzgrau teamed up with Montclair Local's Annette Batson to deliver a highly polished and tactical webinar on achieving same-day closes with digital advertisers.

These publishers are using digital signage to grow audience & revenue. (3 Case studies)

Watch this "E&P Reports" Sponsored Webinar revealing how these three news publishers are taking advantage of the new, growing, impactful media of digital signage, to reach new readers and drive new revenue.

NewsGuild Formally Makes the Case That Tribune Publishing Shareholders Should Reject Alden’s Takeover Offer

Comments

E&P launches 'Public Pulse' for public media executives

Carpenter Media Group to acquire The Daily Iberian

Newsweek is making generative AI a fixture in its newsroom

Scripps News announces agreement with Ad Fontes Media to rate content for reliability and bias

What does the future local website look like? Part 2

E&P’s 2024 class of News Media’s 10 to Watch

Exploring Temple University Klein College of Media and Communication

CalMatters seeks out overlooked diverse voices