Akin Gump Advises Alden Global Capital in Announced Acquisition of Tribune Publishing

February 16, 2021

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Jacinta O'Shea-Ramdeholl

Director of Communications

Scott Wasserman

Senior Media Relations Manager

(New York) – Tribune Publishing Company and affiliates of Alden Global Capital today announced that they have entered into a definitive merger agreement under which Alden will acquire all of the outstanding shares of Tribune common stock not currently owned by Alden for $17.25 per share in cash. Alden currently owns 11,554,306 shares of Tribune common stock, representing 31.6% of the Company's outstanding shares. A team from Akin Gump advised Alden in this transaction.

More information can be found here.

The Akin Gump team advising Alden included corporate partners David D’Urso, Jeff Kochian and Eli Miller, senior counsel Timothy Clark, counsel Ross Karlik, and associates Natasha Burnett and Justin Langdon.

Akin Gump Strauss Hauer & Feld LLP is a leading international law firm with more than 900 lawyers in offices throughout the United States, Europe, Asia and the Middle East.

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