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Hedge fund Alden Global seeks to buy Tribune Publishing -WSJ

Dec 31 (Reuters) - U.S. hedge fund Alden Global Capital is planning to buy newspaper chain Tribune Publishing Co, the Wall Street Journal reported on.wsj.com/2L2JAYV on Wednesday, citing people familiar with the matter.

Alden Global, which is already Tribune’s largest shareholder with a 32% stake, could disclose an offer for the remaining stake in the company as soon as Thursday, the WSJ said. (Reporting by Ann Maria Shibu in Bengaluru; Editing by Anil D’Silva)

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