A New Owner?

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According to the New York Times, a New York hedge fund Alden Global Capital may have to fend off a new suitor for Tribune Publishing that owns major metropolitan dailies across the country, including The Chicago Tribune, The Daily News and The Baltimore Sun.

Questions

  1. Who is the group that may want to control Tribune Publishing?
  2. Why have journalists criticized the Alden hedge fund?
  3. What are the nonprofit group’s plans if they are successful in controlling Tribune Publishing?
  4. Explain the nondisclosure agreement mentioned in the article.

Source:

Tracy, M. (2021) New Suitor May Enter Fray for Tribune Publishing. The New York Times, March 14 (Retrievable online at https://www.nytimes.com/2021/03/14/business/tribune-hedge-fund-alden-newspapers-sale.html)