Today about half of America’s newspapers are controlled by investment groups. But as the FT’s James Fontanella-Khan explains, one name stands above the rest: Alden Global Capital. Critics say it’s destroying local newspapers, but Alden says it’s saving th
Activist investors have had a quiet year, thanks to Covid-19. Even a group of investors renowned for their aggressive tactics were reluctant to publicly attack companies reeling from the impact of a global pandemic.
Due Diligence’s James Fontanella-Khan, US corporate finance and deals editor, explains why established companies from brick and mortar retailers to broadcasters are taking risky bets on big acquisitions.
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