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New suitor may enter fray for Tribune Publishing

March 15, 2021
Crop black businesswoman reading newspaper near modern building

A deal that would reshape the American newspaper industry has run into complications just one month after an agreement was reached, according to three people with knowledge of the matter. As a result, New York hedge fund Alden Global Capital may have to fend off a new suitor for Tribune Publishing, the chain that owns major metropolitan dailies across the country, including The Chicago Tribune, The Daily News in New York and The Baltimore Sun, the people said.

Article Source: New York Times

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