Yesterday, Dean Singleton, the controversial chairman and CEO of MediaNews Group, which owns dozens of newspapers including the
Denver Post and
LA Daily News, announced he was stepping down from his longtime post. Now, the
Wall Street Journal is reporting, two new members of the board of directors that will run Singleton's company also work for Alden Global Capital, which is part owner of Freedom Communications. "An insider told
WSJ that the company . . . is thinking merger," the paper reports
today.
As the
WSJ noted, "MediaNews owns nine newspapers in Southern California, some of which already have a working relationship with [
The Orange County Register. According to
WSJ's inside source, Alden Global Capital "wants to roll at least some of its various newspaper holdings into a single company."
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