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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]
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]
Both McClatchy and accelerate360 are owned by Chatham Asset Management, a New Jersey-based hedge fund with other assets in journalism and communications. The boards of both companies voted to ...
Both McClatchy and accelerate360 are owned by Chatham Asset Management, a New Jersey-based hedge fund with other assets in journalism and communications. ... A360media was formed in 2020 under ...
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 ...
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.
Meet the asset managers who smell value in the commercial real estate crisis. Dylan Sloan. February 28, 2024 at 4:39 PM