Tag Archives: bankruptcy auction

Tampa’s Creative Loafing chain taken over by hedge fund Atalaya

St Petersberg Times – A New York hedge fund wrested control of the Creative Loafing newspaper chain Tuesday, promising to keep the weekly tabloids running in Tampa, Sarasota, Atlanta, Chicago, Charlotte, N.C., and Washington, D.C. In a bankruptcy auction in […]

N.Y. Hedge Fund gets Chicago Reader, 5 other Weeklies

Chicago Sun-Times – The Chicago Reader, the local alternative weekly, is now under the control of Atalaya Capital Management, a New York-based hedge fund with no previous experience running newspapers. At a bankruptcy auction in Tampa on Tuesday, Atalaya successfully […]