Tribune Publishing Begins Sale Talks with Alden

Wall Street Journal: A hedge fund that owns a big stake in Tribune Publishing is in talks to buy the newspaper chain behind titles including the Chicago Tribune and New York Daily News. Alden Global Capital, Tribune’s largest shareholder with a 32% stake, is discussing a deal with the publishing company to buy the shares it doesn’t already own. A deal for Tribune could be reached this month, though negotiations are far from over and could still fall apart.