Podcast: WSJ’s Lukas Alpert ’99 on the Tug of War between a Billionaire and a Hedge Fund Over Local News
Alden Global Capital, a hedge fund known for its cost-cutting approach to local newspapers, had made a bid to buy Tribune Publishing, a conglomerate of local papers including the Chicago Tribune and the Baltimore Sun. Then a billionaire put in an offer of his own. Lukas Alpert ’99, media reporter for the Wall Street Journal, details the face-off between the hedge fund and the billionaire, “which could forever change the newspapers caught in the middle.”
Post Date: 04-06-2021
Post Date: 04-06-2021