Alden Global maneuver sets off speculation about Philly newspapers

Philadelphia Inquirer – Over the summer, Alden Global Capital acquired 100 percent of the Yardley-based Journal Register Co. newspaper chain when it bought the shares owned by fellow hedge fund investors.

Now Alden Global may be looking to reduce or sell its stake in the publisher of The Inquirer and Philadelphia Daily News, according to a report in the New York Post over the weekend.

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