Applying shareholder squeeze, vulture capital firm Alden Global grabs four Pennsylvania papers
Heath Freeman’s vulture capital firm Alden Global Capital — infamous for its draconian staff cuts meant to enrich him and Alden’s board members — has bought Times-Shamrock Communications’, a Pennsylvania-based media company owned by the Lynett and Haggerty families, newspaper group. The acquired papers include: The Times-Tribune The Citizens’ Voice The Republican Herald The Standard […]
