'Opportunistic' hedge funds will keep newspaper industry in a state of flux

Chicago Tribune
"Their objective from Day One will be seeking the most profitable way to turn their investments back into cash," writes Michael Oneal. "And that will likely mean a restless quest for value-creating exercises like spinoffs, acquisitions, recapitalizations and other sorts of transactions that will keep the newspaper industry in a state of flux."

  • Jim Romenesko

    From 1999 to 2011, Jim Romenesko maintained the Romenesko page for the Poynter Institute, a Florida-based non-profit school for journalists. Poynter hired him in August of 1999, after seeing his MediaGossip.com, a hobby site he started in May of 1999.

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