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Organization

Alden Global Capital

Hedge fund that owns newspaper chains, including the Chicago Tribune.

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Alden Global Capital holds

Connections 3

owns a stake in

acquired

  • Tribune Publishing May 2021 Scholarship & press 1

    Shareholders approved the sale on 21 May 2021.

Timeline 2 dates
  1. May 2021 Alden Global Capital acquired Tribune Publishing
  2. 2025 Alden Global Capital owns a stake in Chicago Tribune
Proof 2 sources
  1. 'Vulture' Fund Alden Global, Known For Slashing Newsrooms, Buys Tribune Papers, NPR, 2021. Scholarship & press
    The hedge fund already held a 32% stake in Tribune.
    In a statement Friday, Freeman, Alden's president, said, "Local newspaper brands and operations are the engines that power trusted local news in communities across the United States.
  2. The State of Local News: The 2025 Report, Medill Local News Initiative, Northwestern University, 2025. Scholarship & press
    No money was directed to news outlets owned by the largest U.S. newspaper owner, Gannett, or to Chicago Tribune owner Alden.
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