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Hedge Fund Alden Offers to Buy Tribune, Valuing It at $521M
Hedge fund Alden, Tribune’s largest shareholder, has offered to buy the rest of the newspaper publisher at a price that values it at $520.6 million.
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2 Top Chicago Tribune Editors Leaving as Part of Shakeup
A managing editor and the publisher and editor-in-chief are leaving the Chicago Tribune, joining a growing number of journalists who have departed since a hedge fund with a reputation for dramatically cutting costs and eliminating jobs became Tribune Publishing’s largest shareholder.
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2 Top Execs Leaving Newspaper Publisher Tribune Amid Turmoil
Two top executives at newspaper publisher Tribune are stepping down as the company deals with its largest shareholder, a hedge fund known for cutting newsroom jobs, and grapples with a decline in revenue as the print-ad business shrinks.
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‘Taking a Stand Against R. Kelly … Has Not Been Easy'
Faith Rodgers, who has accused R. Kelly of sexual battery, knowingly infecting her with herpes and locking her in rooms for punishment, spoke at a press conference Monday with attorney Gloria Allred.
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Illinois Inmate Convicted in Starved Rock Triple-Killing Granted Parole
Illinois officials granted parole on Thursday to an 80-year-old inmate sentenced to life in prison for the 1960 killings of three suburban Chicago women, whose brutalized bodies were found in a cave at Starved Rock State Park.
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Judge Delays Ruling on Wrongful Conviction Petition in Marni Yang Case
A judge delayed a ruling Tuesday on whether or not a wrongful petition conviction can move forward after attorneys for Marni Yang claimed new evidence cleared the convicted murderer in the highly-publicized case. NBC 5’s Charlie Wojciechowski reports.
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‘Bottled Blonde Chicago' Reopens After State Appeals Court Ruling
A River North bar at the center of controversy is back open for business.
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