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TPCO - Tribune Publishing halted up 5.6% on report Alden is discussing purchase
Tribune Publishing Company
Tribune Publishing (TPCO) has been halted alongside a Wall Street Journal report that stakeholder Alden Global Capial is in talks to buy the company. Shares jumped 5.6% before the halt.Alden is Tribune's biggest shareholder, with a 32% stake. The company has a market value around $560M.A deal could be reached this month, though it's nowhere near final.Updated 1:30 p.m.: Shares have resumed trading, and are now up 3.7%.