San Diego newspaper gets new hedge fund owners, buyouts planned

San Diego newspaper gets new hedge fund owners, buyouts planned

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The owner of the Los Angeles Times has sold its Borderland newspaper, the San Diego Union-Tribune, to a penny-pinching hedge fund known for cutting staff and resources. On Tuesday, Patrick Soo-Shiong announced a deal to sell the Union-Tribune to Alden Global Capital, the operator of MediaNews…

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