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Chatham Asset Management LLC is an American hedge fund, founded by Anthony Melchiorre in 2000, with a large foothold in newspapers and tabloids, headquartered in Chatham Borough, New Jersey, United States. The company holds a controlling interest in Postmedia, A360media, McClatchy, and RR Donnelley. [1] [2] Chatham's key principal is Larry ...
In 2016, Pecker revealed to the Toronto Star that AMI now relied on support from Chatham Asset Management and its owner Anthony Melchiorre. [25] [6] The $4 billion hedge fund owns 80 percent of AMI's stock. [6] In March 2017, American Media acquired Us Weekly from Wenner Media for a reported $100 million. [26]
McClatchy Media Company, or simply McClatchy and MCC, is an American publishing company incorporated under Delaware's General Corporation Law.Originally based in Sacramento, California, United States, and known as The McClatchy Company, it became a subsidiary of Chatham Asset Management, headquartered in Chatham Borough, New Jersey, as a result of its 2020 bankruptcy.
Hedge fund Chatham Asset Management says will pay $312 million to buy newspaper publisher McClatchy out of bankruptcy protection. Chatham said Friday that it plans to offer employees at the 30 ...
In November 2019, Postmedia announced that 66% of its shares were now owned by Chatham Asset Management, an American media conglomerate which owns American Media, Inc. and is known for its close ties to the Republican party. [29] [30]
The Charlotte Observer headquarters (former). The Charlotte Observer has won five Pulitzer Prizes: . 1968 – Editorial cartooning, Eugene Payne; 1981 – Meritorious public service, staff; "For Brown Lung: A Case of Deadly Neglect, a hard-hitting look at the terrible health consequences workers suffered from cotton dust produced in the region's textile mills."
In 2016, Pecker revealed to the Toronto Star that American Media Inc. now relied on support from Chatham Asset Management and its owner Anthony Melchiorre due to financial troubles. [ 17 ] [ 18 ] By the time Pecker agreed to sell the National Enquirer on April 10, 2019, Chatham Asset Management owned 80 percent of American Media Inc's stock.
The top-spot in Chatham County's government is set for a contest in November, with one Democrat and one Republican qualifying in the race. The Chairman's seat was the most competitive Board of ...