Hedge fund Alden looks to buy Tribune Publishing and go private in deal valuing newspaper chain at $520 million

Jon Schleuss, president of the NewsGuild-Communication Workers of America, whose local chapters represent the Chicago Tribune, Baltimore Sun, Hartford Courant, Orlando Sentinel and other Tribune Publishing newsrooms, issued a statement Thursday objecting to Alden’s proposed offer.

“They fashion short-term business plans that cut newsrooms to the bone — destroying the watchdogs of our democracy,” Schleuss said. “Our thousands of members will continue to fight hedge fund ownership of local news.”

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