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Articles tagged Alden (5)

But Alden Global Capital would be happy to lend a hand. Plus: When a standstill isn’t really a standstill.
The company’s stock can’t fall much lower, but the questions surrounding America’s largest newspaper chain are beginning to multiply.
Well-intentioned antitrust actions by the Department of Justice are likely to deliver two newspapers to a company with a record of milking papers for profit through deep cutbacks.
Instead of a wave of consolidation, the former newspaper publisher argues, JRC’s bankruptcy could be a way for the newspaper industry’s biggest outside investor to continue to exit it. Martin Langeveld
March 3, 2011