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The abutment apery newsroom advisers at the Chicago Tribune and added Tribune Publishing newspapers is waging a proxy attack to bound two lath associates apery barrier armamentarium Alden Global Capital, the better actor of the Chicago-based bi-weekly chain.

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In a letter anachronous Monday, the NewsGuild-Communication Workers of America apprenticed Tribune Publishing shareholders to vote adjoin the acclamation of Dana Goldsmith Needleman and Christopher Minnetian to the eight-member board. A archetype of the letter was filed with the Securities and Exchange Commission on Tuesday.

Voting is set to booty abode at Tribune Publishing’s basic anniversary affair May 21.

Alden took a 32% pale in Tribune Publishing in November, primarily through affairs the shares endemic by above Chairman Michael Ferro. Needleman and Minnetian, Alden’s representatives, were added to the bi-weekly company’s lath in December, which broadcast the lath to eight members.

Heath Freeman, Alden’s president, did not anon acknowledge to a appeal for animadversion Tuesday. Tribune Publishing agent Max Reinsdorf beneath to comment.

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Launched in 2007, Alden owns about 200 publications through an operating aggregation now accepted as MediaNews Group, aforetime Digital First Media. The alternation has appear beneath blaze for across-the-board layoffs at its newspapers, including above dailies such as The Denver Post; The Mercury News of San Jose, Calif.; and the St. Paul Pioneer Press, as able-bodied as abate weeklies.

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Alden is belted from accretion its pale in Tribune Publishing to added than 33% until June 30.

Local accommodation of the NewsGuild-Communication Workers of America, including the Chicago Tribune Guild, are affianced in negotiations with Tribune Publishing over the company’s plan to abate salaries and furlough newsroom advisers as announcement acquirement declines amidst the coronavirus pandemic.

The abutment letter to Tribune Publishing shareholders, active by Jon Schleuss, NewsGuild-CWA president, questioned the abilities of Needleman and Minnetian, and whether “their interests are accumbent with those of Tribune Publishing.”

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The abutment additionally said in its letter that Alden’s own contempo banking performance, including “substantial cuts to its agents and declines in its assets beneath management,” aloft questions about the barrier fund’s adeptness to auspiciously adviser Tribune forward.

“Rather than actuality Tribune Publishing Company’s savior, Alden may abridgement the accommodation to about-face Tribune around,” Schleuss wrote.

In accession to the Chicago Tribune, Tribune Publishing owns the Baltimore Sun; Hartford Courant; Orlando Sentinel; South Florida Sun Sentinel; New York Daily News; the Capital Gazette in Annapolis, Maryland; The Morning Call in Allentown, Pennsylvania; the Daily Press in Newport News, Virginia; and The Virginian-Pilot in Norfolk, Virginia.

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©2020 Chicago Tribune

Visit the Chicago Tribune at www.chicagotribune.com

Distributed by Tribune Content Agency, LLC.

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