Kansas City is right in the middle of a MASSIVE newspaper consolidation effort.
Check the corporate overview . . .
"New York-based Alden Global Capital is offering to buy Lee Enterprises, which owns the St. Louis Post-Dispatch, the Omaha World-Herald, the Sioux City Journal and other newspapers around the Midwest."
Read more via www.TonysKansasCity.com news link . . .
Hedge fund infamous for gutting newspapers now wants to take over 20-plus Midwest papers
A multi-million dollar proposal could land more than two dozen of the Midwest's local newspapers in the hands of a New York-based hedge fund known for slashing its papers "to the bone." Alden Global Capital revealed a proposal Monday to purchase Lee Enterprise Inc.
Developing . . .
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