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Tribune Publishing Weighs New Offer

Tribune Publishing has received a new buyout offer from a Maryland hotel executive and a Swiss billionaire, according to the Hartford Business Journal. Tribune is the Hartford Courant’s parent company. And the $680 million offer comes as the company considered a lower bid from hedge fund Alden Global Capital -- Tribune’s largest stakeholder. Alden may now have to match or increase its bid for Tribune, to stay in contention. 

 

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