Such a deal would bring together the Register with MediaNews Group's nine Southern California newspapers, led by the Los Angeles Daily News.
According to WSJ:
- The person familiar with the matter said Alden wants to roll at least some of its various newspaper holdings into a single company.
In an interview with the Denver Business Journal, Singleton declined to say how much of a stake Alden has in MNG. “Alden is a substantial shareholder,” Singleton said. “The changes that we’ve made aligns board membership with share holdings.” Alden apparently has a large enough stake that it is able to put its own people on MNG's board and pick an interim president who will run the company until a new CEO is found.