Like it’s done with every newspaper in its portfolio, New York-based hedge fund Alden Global Capital was going to purchase, then gut Tribune Publishings. Then two journalists from Chicago Tribune went on a quest in search of a new investor for the company. Now an unforeseen contender has emerged, showing up with a higher bid than Alden.

Gary Marx, former investigative reporter at the Chicago Tribune and one of the two journalists leading this campaign joins Reset to give us the latest.

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