Hedge fund Chatham Asset Management plans to buy newspaper publisher McClatchy out of bankruptcy, ending 163 years of family control.
The companies did not put a price on the deal in an announcement Sunday. The agreement still needs the approval of a bankruptcy judge; a hearing is scheduled for July 24.
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McClatchy news service says it is reviewing two reports published in 2018 that claimed to validate a key part of the infamous Steele dossier after declassified information showed that Russian operatives may have fed disinformation to dossier author Christopher Steele.
“We are taking a close look at this new information and will update or correct our story based on its merits. Until then, we continue to stand by our reporting,” McClatchy said in a statement to The Washington Post’s Erik Wemple.
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