The Inquirer and Philadelphia Daily News Could be Headed for Sale

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By: Mike Armstrong | philly.com

A minority shareholder of the parent company of The Inquirer and Philadelphia Daily News is looking to sell its 30 percent stake, according to a story in the New York Post.

Alden Global Capital, a New York hedge fund that holds interests in several newspapers, was one of 32 investors that acquired the two daily newspapers and Philly.com for $139 million in October 2010.































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