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Old Posted Feb 13, 2023, 4:51 PM
galleyfox galleyfox is offline
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Join Date: Dec 2018
Posts: 1,052
Quote:
Originally Posted by WestTowner View Post
Alden has made their money by buying newspapers, saddling them with huge amounts of debt, then ruthlessly gutting the staff until there is nothing left. They are vultures and their investors likely include dictators in the middle east. State/City can apply all the pressure they want, good luck.
I’m sure the threat of eminent domain will resolve that situation sooner rather than later. Site acquisition is not exactly something government is powerless to deal with. The government’s fair price is going to be quite different from Alden’s idea of a fair price if it comes to that.
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