Alden Global Capital /tags/alden-global-capital Alden Global Capital en-US Copyright © 2024 ÍâÍøÌìÌà Thu, 10 Mar 2022 19:05:35 GMT Shareholders for Post-Dispatch owner reject hedge fund's effort to shake up its board /economy-business/2022-03-10/shareholders-for-post-dispatch-owner-reject-hedge-funds-effort-to-shake-up-its-board Shareholders for Lee Enterprises, owner of the St. Louis Post-Dispatch and 23 other papers in the Midwest, re-elected three directors on Thursday. That news could complicate any future takeover bid by Alden Global Capital. Thu, 10 Mar 2022 19:05:35 GMT /economy-business/2022-03-10/shareholders-for-post-dispatch-owner-reject-hedge-funds-effort-to-shake-up-its-board Kavahn Mansouri Hedge fund sues Post-Dispatch owner for rejecting its takeover bid /economy-business/2021-12-16/hedge-fund-sues-post-dispatch-owner-for-rejecting-its-takeover-bid The lawsuit isn’t unexpected. Journalism analysts and union representatives had anticipated that Alden Global Capital would continue to aggressively pursue a deal for the newspaper owner. Thu, 16 Dec 2021 11:18:42 GMT /economy-business/2021-12-16/hedge-fund-sues-post-dispatch-owner-for-rejecting-its-takeover-bid Corinne Ruff, Kavahn Mansouri Post-Dispatch owner rejects hedge fund Alden's takeover offer /economy-business/2021-12-09/post-dispatch-owner-rejects-hedge-fund-aldens-takeover-offer Lee Enterprises' board of directors rejected a buyout offer from Alden Global Capital, a hedge fund known for downsizing the newspapers it owns. Thu, 09 Dec 2021 14:00:51 GMT /economy-business/2021-12-09/post-dispatch-owner-rejects-hedge-fund-aldens-takeover-offer Kavahn Mansouri Post-Dispatch owner should reject Alden's 'insufficient' takeover bid, a top shareholder says /economy-business/2021-12-08/post-dispatch-owner-should-reject-aldens-insufficient-takeover-bid-a-top-shareholder-says Harris Kupperman, who owns 7.3% of Lee Enterprises' shares, called Alden Global Capital's offer to buy the publisher for $141 million "insufficient and opportunistic." Wed, 08 Dec 2021 23:52:49 GMT /economy-business/2021-12-08/post-dispatch-owner-should-reject-aldens-insufficient-takeover-bid-a-top-shareholder-says Kavahn Mansouri Post-Dispatch owner blocks play by hedge fund Alden for more control of Lee’s board /economy-business/2021-12-03/lee-enterprises-blocks-play-by-hedge-fund-for-more-control-of-the-publishers-board Lee executives said the hedge fund, known for gutting the newspapers it acquires, did not follow the rules in trying to nominate three people to the the publisher's board. Fri, 03 Dec 2021 19:21:16 GMT /economy-business/2021-12-03/lee-enterprises-blocks-play-by-hedge-fund-for-more-control-of-the-publishers-board Kavahn Mansouri Hedge fund infamous for gutting newspapers now wants to take over St. Louis Post-Dispatch owner /economy-business/2021-11-22/hedge-fund-infamous-for-gutting-newspapers-now-wants-to-take-over-st-louis-post-dispatch-owner New York-based Alden Global Capital is offering to buy Lee Enterprises, which owns the St. Louis Post-Dispatch, the Omaha World-Herald, the Sioux City Journal and other newspapers around the Midwest. Mon, 22 Nov 2021 23:52:08 GMT /economy-business/2021-11-22/hedge-fund-infamous-for-gutting-newspapers-now-wants-to-take-over-st-louis-post-dispatch-owner Kavahn Mansouri