The Atlantic’s McKay Coppins introduces us to the men behind Alden Global Capital, the hedge fund that bought the Chicago Tribune

John Williams

FILE – In this April 12, 2006, file photo, flags wave near the Chicago Tribune Tower in downtown Chicago. Newspaper publisher Tribune has agreed to be sold to Alden Global Capital, a hedge fund known for cutting costs and eliminating newsroom jobs, in a deal valued at $630 billion. Tribune Publishing Co., which owns the Chicago Tribune, the New York Daily News, the Baltimore Sun and other newspapers, said Tuesday, Feb. 16, 2021, it has agreed to sell its shares to Alden for $17.25 apiece, in cash. (AP Photo/Charles Rex Arbogast, File)

McKay Coppins wrote “A Secretive Hedge Fund Is Gutting Newsrooms” in The Atlantic. He joins John Williams to describe the two men behind Alden Global Capital, the hedge fund that purchased Chicago Tribune, causing many long-adored columnists and reporters to leave.

Copyright 2021 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Business News

More Business News

Political News

More Political News

Technology News

More Technology News

Science News

More Science News

Entertainment News

More Entertainment News

Odd News

More Odd News

The Mincing Rascals

More The Mincing Rascals

The John Williams Show
Weekdays 9 a.m. - noon JohnWilliams

Focusing on current events, John discusses the news of the day, sports, television programs, movies, and books with a thoughtful perspective and quirky sense of humor. Inquisitive and curious by nature, he asks what listeners want to know and his guests never get a pass on the tough questions. (Click for more.)

The John Williams NewsClick sponsored by Joint Relief Institute

More NewsClick