Vultures circle Virginia newspapers A feature story in The Atlantic last month dubbed Alden Global Capital “the hedge fund killing newspapers.” On Monday, Alden announced that it’s hoping to acquire Lee Enterprises, which owns 13 newspapers in Virginia, including The Daily Progress, Richmond Times-Dispatch, and The Roanoke Times. The acquisition should set off alarm bells […]
Vultures circle Virginia newspapers A feature story in The Atlantic last month dubbed Alden Global Capital “the hedge fund killing newspapers.” On Monday, Alden announced that it’s hoping to acquire Lee Enterprises, which owns 13 newspapers in Virginia, including The Daily Progress, Richmond Times-Dispatch, and The Roanoke Times. The acquisition should set off alarm bells […]
‘Odd’ indictment The felony embezzlement charge against former City Council clerk Paige Rice, 37, for an iPhone and Apple Watch valued at more than $500 has many scratching their heads. “It seems very unusual it got to this point without a resolution,” says attorney Scott Goodman. “It seems like something that could have easily been […]
Where’s Red Beard—and Sunglasses? Although four people have been convicted in the August 12 assault of DeAndre Harris in the Market Street Parking Garage, video and photographs from that day show there were other attackers joining the fray who have not been arrested—or even identified. On February 14, Charlottesville police asked for the public’s help […]