Heath Freeman and others may face subpoenas, depositions By Julie Reynolds The secretive business practices of Alden Global Capital, owner of the Digital First Media newspaper chain, will soon face scrutiny in a federal bankruptcy court, just weeks after Alden’s… Continue Reading →
Despite a hampered Senate, bipartisan efforts in the House continue By Julie Reynolds Legislative efforts to save local news continue in Washington after New York hedge fund Alden Global Capital’s failed takeover of the Gannett newspaper chain. Sen. Sherrod Brown… Continue Reading →
Nearly $4 million in buildings and land come with $5 million bankruptcy sale By Julie Reynolds After a federal judge gave Alden Global Capital the go-ahead to buy the Reading Eagle for $5 million, fears of becoming a near-news desert… Continue Reading →
By Julie Reynolds Twenty-one prominent US Senators have sent a scathing letter to the founders of Alden Global Capital, decrying its “newspaper-killing business model” and vowing to “continue watching Alden closely.” The letter was sent last week on the eve… Continue Reading →
We did it! We raised national awareness of Alden’s extreme chop-shop tactics and on May 16, Gannett shareholders successfully fended off Alden Global Capital’s hostile takeover attempt! The fight to save local news is far from over, but we’re on… Continue Reading →
Britain’s second-largest newspaper chain is also in the crosshairs By Julie Reynolds There’s been a lot of media coverage about what might happen to America’s local news if vulture hedge fund Alden Global Capital, owner of the Digital First Media… Continue Reading →
Thanks to all for the incredible show of solidarity on World Press Freedom Day, May 3. Together we lit up the Twittersphere!! Scroll over photos to see locations, and be sure to reload this page to rearrange the mosaic!
A screenshot of Alden’s revised board slate from savegannett.com By Julie Reynolds It’s been a tough week for Alden Global Capital, the hedge fund trying to take over the nation’s largest newspaper chain, as senators, shareholders, creditors and federal agencies… Continue Reading →