Tribune Publishing Sets May 21 Shareholder Vote on Alden Merger

Posted Wednesday, April 21, 2021 10:54 am

Robert Channick | Chicago Tribune

Tribune Publishing set a May 21 date for shareholders to vote on its deal to sell the Chicago-based newspaper chain to hedge fund Alden Global Capital for $633 million.

Alden, Tribune Publishing’s largest shareholder with a 31.6% stake, reached an agreement in February to buy the rest of the company at $17.25 per share and take it private.

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Tribune Publishing Sets May 21 Shareholder Vote on Alden Merger

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