Top Bidder for Tribune Newspapers Is an Influential Liberal Donor

Top Bidder for Tribune Newspapers Is an Influential Liberal Donor

Mr. Wyss, who has pledged to donate half of his money to charity, has donated hundreds of millions to environmental and conservation causes. Through his foundations, he has gradually increased his donations to groups promoting abortion rights, minimum wage increases, and other progressive causes. He became a member of the Democracy Alliance, a club of … Read more

Hedge Fund Reaches a Deal to Buy Tribune Publishing

Hedge Fund Reaches a Deal to Buy Tribune Publishing

Alden Global Capital, a hedge fund that has slashed the cost of newspapers it controls, is on Tuesday to acquire Tribune Publishing, the publisher of nine major daily newspapers in major cities including The Chicago Tribune, The Orlando Sentinel and The Daily News, came a significant step closer. Tribune Publishing announced Tuesday that Alden, a … Read more