Alden Global Capital

Hedge-fund backed MNG Enterprises Inc., known for buying newspapers and slashing costs, is trying to acquire publisher Gannett Co. Inc (NYSE: GCI), arguing that the chain’s leadership team has overseen a large loss in value. The offer, made Monday by MNG — better known by the name...

Fred's, Inc. (NASDAQ: FRED), the relatively small discount retailer and pharmacy chain, saw its market cap soar from $450 million to $1.3 billion on December 20 after the company announced a blockbuster deal in which it will buy more than 800 retail locations from Walgreens Boots Alliance Inc (...

Fred's, Inc. (NASDAQ: FRED), a relatively small discount stores and full service pharmacies retailer, shocked investors earlier this week when it announced a blockbuster deal to buy about 800 new retail locations from Walgreens Boots Alliance Inc (NASDAQ: WBA) and Rite Aid Corporation (NYSE: RAD)....

Pier 1 Imports Inc (NYSE: PIR) announced earlier this week its board of directors approved a Shareholder Rights Protection Agreement. This concept is fairly infrequent and uncommon. Simply put, a shareholders' agreement details how current investors can make decisions regarding what outside parties...