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

‘Borderlands’ developer Gearbox is merging with publishing giant Embracer

'Borderlands' developer Gearbox is merging with publishing giant Embracer

This isn’t the only big thing. Embracer has also acquired Aspyr Media, which is best known for porting games to the Mac (including Borderlands) and consoles, as well as for publishing. The $ 100 million deal places Aspyr under Saber Interactive and is designed to help Aspyr acquire more licenses while leveraging Saber’s existing portfolio … Read more