What You Need to Know About Hedge Funds—and Their Affinity for Newspaper Organizations

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Barring last-minute objections, this is the week that another hedge fund, Chatham Asset Management, takes over another newspaper company.

Justifiable angst has been permeating newsrooms that are under the ownership or influence of funds — Alden Global Capital especially — but I am not so sure everyone who is worried understands the basics of these big-money entities.

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