Private Equity Firm Submits Competing Bid for the Dallas Morning News

Chicago Tribune lays off 7 from newsroom, including 5 union members

The cuts amount to about 10% of the newsroom. Meanwhile, the owner of the Tribune submitted a bid to buy the Dallas Morning News.

DallasNews Corporation receives offer from Alden Global Capital affiliate

DallasNews Corporation signed a definitive merger agreement with Hearst earlier this month, a deal approved by the boards of directors of both companies. This...

Another Bidder Steps Up for the Morning News. This Is Not Good.

In a way, I suppose it might be considered good news that not one but two companies see enough value in The Dallas Morning News to make offers to buy it. Yay!…

Alden Global Capital submits competing bid for Dallas Morning News parent

A company backed by Alden Global Capital, an investment firm known for purchasing newspapers and then cutting costs, has made an alternative bid offer to buy the parent company of the Dallas Morning News. Read on to learn more about the deal, which comes less than two weeks after DallasNews Corp. agreed to be bought by Hearst.

Private equity firm submits competing bid for the Dallas Morning News

After Hearst submitted a bid to acquire the News, a subsidiary of Alden Global Capital has thrown its hat into the ring.

Could Alden swoop in and destroy Dallas’ newspaper? Plus, Soon-Shiong’s latest scheme for the LA Times.

Less than two weeks ago I wrote that Hearst’s plan to acquire The Dallas Morning News and add it to its expanding group of Texas newspapers was a positive development for the Lone Star State. Hearst is a privately owned chain that has a reputation for producing quality statewide and regional news, although its community-level coverage is lacking. Sign up for free email delivery of Media Nation — and become a supporter for just $6 a month. Now co…