Saturday, May 8, 2021 |
Baltimore
52°
Cloudy
FOLLOW US:

Get your news, straight down the middle.

Maryland has a long tradition of moderate, pragmatic, and bipartisan leadership. We think our news should reflect the complexity of Maryland readers.

Learn More

Sign up for the MORNING RUNDOWN.

1-0 Mia Ellis on Fighting From the Inside
Karson Kamenetz with Councilmember Leon F. Pinkett III
Karson Kamenetz with Baltimore County Executive John Olszewski

SPOTLIGHT

Business
In a hedge fund’s bid for Tribune’s newspapers, a hidden risk lurks in the fine print

In its bid to acquire Tribune Publishing, the hedge fund Alden Global Capital vowed to provide $375 million in cash to the owner of the Chicago Tribune, the Baltimore Sun and other titles — a theoretically welcome influx to an investment-starved newspaper chain. But industry and financial experts have looked at the fine print and see something starkly different: Alden, they say, has already signaled it plans to saddle Tribune with debt that could further hollow out the company, and it may not have $375 million available to begin with.

LATEST

LISTEN

A shot of hope for some travel and life this year?

Don Mohler and Nestor do The Recon on vaccines, normalcy and the loss of our friend C. Fraser Smith.

Center Maryland
A shot of hope for some travel and life this year?
/

What They Are Saying

Latest tweets from our legislators

The Morning Rundown

We’re staying up to the minute on the issues shaping the future. Join us on the newsletter of choice for Maryland politicos and business leaders. It’s always free to join and never a hassle to leave. See you on the inside.