Deals
Tribune Ends Talks With Rival Bidder, But Fight May Continue
- Bainum remains committed to outflanking Alden, person says
- Tribune says withdrawal of Wyss seems to scuttle Bainum effort
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Tribune Publishing Co. ended talks with a group contesting hedge fund Alden Global Capital’s takeover of the newspaper giant after the interlopers lost their biggest funding source, but the takeover fight may not be over yet.
Choice Hotels International Inc. Chairman Stewart Bainum Jr. is pressing ahead with efforts to buy the publisher and is pursuing other partners, a person with knowledge of the matter said Monday.