Sentences with phrase «alden global capital»
New York hedge fund Alden Global Capital siphoned hundreds of millions of dollars from one of America's largest news chains, a new lawsuit charges, damaging local news organizations to finance insider investment deals.
http://www.nystateofpolitics.com/
While Alden Global Capital, DFM's owner, used UBS as its exclusive banker in trying to sell the whole company two years ago, failing to do so as final negotiations hit a snag with Apollo Global Management, it's now put out the word to multiple newspaper brokers: Bring us buyers.
The Post protest against its owner Digital First Media — and ultimately the hedge fund Alden Global Capital, which controls DFM — came the same week that we recognized the 50th anniversary of Martin Luther King's assassination.
Principal owner Alden Global Capital could be making the financial calculation that it can maximize value better by selling its clusters to several buyers than at too low a price to a single buyer like Apollo.
As Tronc reckons with the crash of its stock price and oh - so - private Alden Global Capital...