Tribune Publishing is moving ahead with plans to be acquired by Alden Global Capital and has ended talks with Maryland hotel executive Stewart Bainum, who was also interested in purchasing the Chicago-based newspaper chain.
Swiss billionaire Hansjörg Wyss has also pulled out of a bid to buy Tribune Publishing.
Due to this, the Wyss/Bainum entity known as Newslight is not expected to lead to a “superior proposal” to the $633 million offered by Alden. Tribune Publishing said it is ending talks with Bainum and going ahead with the hedge fund’s proposal.
Jared Serre, a tax reporter at Law360, is leaving the news organization next month. He…
Lauren Silva Laughlin, U.S. editor of Reuters Breakingviews, sent out the following on Tuesday: I’m…
The Wall Street Journal has hired two new staffers and promoted a current staffer. They…
Fortune magazine has launched "Ask Andy," a bi-weekly advice column for entrepreneurs and start-up founders.…
The Wall Street Journal is looking for a full time senior publishing editor to join…
The Wall Street Journal is looking for an experienced and determined reporter to join our…