Local News Battle Looms In Baltimore

The internet has pretty much killed local news wars. The Baltimore Banner, a nonprofit start-up, is trying to change that by taking on The Baltimore Sun.

Tribune Board Backs Alden Global’s Bid For Newspaper Chain Over Maryland Hotel Magnate’s

Stewart W. Bainum Jr., a hotel magnate, made an $18.50 per share offer for the whole company, while Alden Global Capital had offered $17.25 per share.