Will Chatham Asset Management, the hedge fund set to gain control of the company, want to operate it after bankruptcy? Or will it look to cash out via merger as quickly as possible?
By selling Berkshire Hathaway’s newspapers to Lee Enterprises, the world’s most successful investor is acknowledging the industry’s downhill slide is not near an end.
What was once expected to be $200 million in annual cost savings has now grown to $400 million or more. But how much blood is left to be drawn from this stone?
Doctor, Ken. "Newsonomics: McClatchy’s bid has been rejected. So what’s next for Tribune?." Nieman Journalism Lab. Nieman Foundation for Journalism at Harvard, 14 Dec. 2018. Web. 9 Apr. 2020.
APA
Doctor, K. (2018, Dec. 14). Newsonomics: McClatchy’s bid has been rejected. So what’s next for Tribune?. Nieman Journalism Lab. Retrieved April 9, 2020, from https://www.niemanlab.org/2018/12/newsonomics-mcclatchys-bid-has-been-rejected-so-whats-next-for-tribune/
Chicago
Doctor, Ken. "Newsonomics: McClatchy’s bid has been rejected. So what’s next for Tribune?." Nieman Journalism Lab. Last modified December 14, 2018. Accessed April 9, 2020. https://www.niemanlab.org/2018/12/newsonomics-mcclatchys-bid-has-been-rejected-so-whats-next-for-tribune/.
Wikipedia
{{cite web
| url = https://www.niemanlab.org/2018/12/newsonomics-mcclatchys-bid-has-been-rejected-so-whats-next-for-tribune/
| title = Newsonomics: McClatchy’s bid has been rejected. So what’s next for Tribune?
| last = Doctor
| first = Ken
| work = [[Nieman Journalism Lab]]
| date = 14 December 2018
| accessdate = 9 April 2020
| ref = {{harvid|Doctor|2018}}
}}
