WebJun 2, 2024 · AMC Entertainment rode the wave of “meme stock” trading on Wednesday, reaching record highs. The stock closed at an all-time high of $62.55 per share, nearly double Tuesday’s closing price ... WebFeb 16, 2024 · Journalists at The Denver Post, a daily controlled by an Alden media company, mutinied in 2024 by publishing a special section of opinion essays that blasted the hedge fund, likening its ...
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Fears for future of American journalism as hedge funds flex power
WebMay 21, 2024 · Shareholders of Tribune Publishing, parent company of the New York Daily News and one of the country’s largest newspaper chains, on Friday approved a takeover by hedge fund Alden Global Capital. WebJan 23, 2024 · Citadel, which manages $54bn in assets, made a 38.1 per cent return in its main hedge fund and strong gains in other products last year, equating to a record $16bn profit for investors after fees ... WebJun 21, 2024 · According to a recent analysis, hedge funds or private equity firms now control half of US daily newspapers, including some of the largest newspaper groups … impaired movement or actions lol