Thursday, December 31, 2020

Hedge fund Alden offers to buy Tribune, valuing it at $521M


Hedge fund Alden, Tribune’s largest shareholder, has offered to buy the rest of the newspaper publisher at a price that values it at $520.6 million. Alden sent a letter to Tribune on Dec. 14, according to a regulatory filing posted Thursday, offering $14.25 per share for the stock of Tribune it doesn’t already own. Alden […]

source https://www.seattletimes.com/business/hedge-fund-alden-offers-to-buy-tribune-valuing-it-at-521m/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_technology

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