Heath freeman alden capital heath
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Heath Freeman (businessman)
Managing director of Alden Global Capital
Heath Freeman (born 1979/1980) is the managing director of Alden Global Capital, the owner of Digital First Media, and runs its daily operations.[1][2] Freeman is said to be publicity-shy but has attracted national interest because of his role at Alden which as of May 2021 owns the second-largest portfolio of American newspapers, second only to Gannett. He has been described as "aggressive and highly intelligent,"[3] and “flinty-eyed and focused."[3]
Education
[edit]Freeman received his undergraduate degree from Duke University in 2002.[3]
While attending Duke, he was a walk-on place-kicker on Duke's football team.[4] He was active at Duke in its Freeman Center for Jewish Life, and was a member of the fraternity Delta Sigma Phi.[5]
Career
[edit]After graduating from Duke, Freeman went to work at the Peter J. Solomon Company.[ • The Tribune Tower rises above the streets of downtown Chicago in a majestic snarl of Gothic spires and flying buttresses that were designed to exude power and prestige. When plans for the building were announced in 1922, Colonel Robert R. McCormick, the longtime owner of the Chicago Tribune, said he wanted to erect “the world’s most beautiful office building” for his beloved newspaper. The best architects of the era were invited to submit designs; lofty quotes about the Fourth Estate were selected to adorn the lobby. Prior to the building’s completion, McCormick directed his foreign correspondents to collect “fragments” of various historical sites—a brick from the Great Wall of China, an emblem from St. Peter’s Basilica—and send them back to be embedded in the tower’s facade. The final product, completed in 1925, was an architectural spectacle unlike anything the city had seen before—“romance in stone and steel,” as one writer described • American hedge fund Alden Global Capital is a hedge fund based in Manhattan, New York City. It was founded in 2007 bygd Randall D. Smith,[2] and is a division of Smith Management LLC.[3][4] Its managing director is Heath Freeman.[2][5] bygd mid-2020, Alden had stakes in roughly two hundred American newspapers.[6][7] The company added more newspapers to its portfolio in May 2021 when it purchased Tribune Publishing and became the second-largest newspaper publisher in the United States.[8][9][10][11] The company operates its media holdings through Digital First Media, which it acquired in 2010 after DMG's parent company, MediaNews Group, declared bankruptcy.[12] With its acquisition of Tribune Publishing in late May 2021, Alden fryst vatten collectively the second-largest owner of newspapers in the United States, as calculated by average daily print cir
A Secretive Hedge Fund Is Gutting Newsrooms
Alden Global Capital