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NJ Spotlight News | Clip | Alden Global Capital looks to buy the Press of Atlantic City

Alden Global Capital, which has become the second-largest owner of newspapers in the nation has been called a “vulture capitalist” for its pattern of buying newspapers, then gutting newsrooms and selling off assets while chasing profits. Now Alden is attempting a takeover of Lee Enterprises, the nation’s third-largest newspaper chain and the owner of the Press of Atlantic City.

0:04:16 | AIRED: 11/29/2021 |
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