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RSS FeedsDespite new agreement, triggering events could free Alden to buy more shares of Tribune Publishing - or the entire company
(Chicago Tribune Business News)

 
 

3 july 2020 00:32:10

 
Despite new agreement, triggering events could free Alden to buy more shares of Tribune Publishing - or the entire company
(Chicago Tribune Business News)
 


While the new standstill agreement between Tribune Publishing and its largest shareholder, Alden Global Capital extends a 33% ownership cap until next year, it still allows the hedge fund to make a tender off to buy a majority stake in the newspaper company at any time.


 
24 viewsCategory: Business
 
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