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Tag Archives: debt

Alden puts its stamp on Tribune, Baltimore Sun owner, with new debt and leadership

FILE - In this Monday, April 25, 2016, file photo, Chicago Tribune and other newspapers are displayed at Chicago's O'Hare International Airport.  Hedge fund Alden, Tribune’s largest shareholder, has offered to buy the rest of the newspaper publisher, Thursday, Dec. 31, 2020,  at a price that values it at $520.6 million.   (AP Photo/Kiichiro Sato, File)

After Hedge fund Alden Global Capital closed its deal for Tribune Publishing on Monday, it wasted little time installing new leadership and saddling the newspaper chain with $278 million in debt that it took on for the acquisition, according to regulatory filings.

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Md. law gives debtors private right of action, high court says

judge-gavel

Alleged victims of unlicensed or unruly debt collectors can pursue lawsuits against them and need not rely on state regulators to vindicate their rights, Maryland’s top court unanimously ruled Monday. The Maryland Consumer Debt Collection Act (MCDCA) and the Maryland ...

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Officials from Belarus learn American view of money in Baltimore

Sue Rogan, director of financial education at the Maryland CASH Campaign, plays the Money Habitudes card game with a delegation from Belarus that visited the Maryland CASH campaign Thursday to learn about financial literacy in the United States. (Maximilian Franz/The Daily Record)

During a visit to the Maryland CASH Campaign office Thursday morning, a delegation from Belarus was asked: What comes to mind when you hear the word “money?” “Freedom,” said one. “Bills,” said another, in Russian. As part of a three-week ...

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