CHICAGO TRIBUNE

Frankie Regina McGraw has been missing for 48 years after escaping prison twice.

The winter that took its time getting to the Midwest has begun to finally arrive on the first day of the new year.

Winter is just around the corner, but experts say the Great Lakes haven’t gotten the message.

Hedge fund Alden Global Capital closed its deal for Tribune on Monday and has installed new leadership and saddled the newspaper chain with $278 million in debt, according to regulatory filings.

A group of alternative bidders is emerging, in late March 2021, for newspaper chain Tribune Publishing, which had agreed to a $630 million deal with hedge fund Alden Global Capital. (AP Photo/Kiichiro Sato, File)A group of alternative bidders is emerging for newspaper chain Tribune Publishing, which had agreed to a $630 million acquisition by hedge fund Alden Global Capital. The Times reported that both would commit up to $100 million to the $650 million bid. The unions at Tribune papers have pushed for alternative buyers for the company’s papers. Gregory Pratt, a Chicago Tribune reporter and the head of the paper's guild, said they are “heartened” by Wyss' interest.

FILE - In this April 12, 2006, file photo, flags wave near the Chicago Tribune Tower in downtown Chicago. Newspaper publisher Tribune has agreed to be sold to Alden Global Capital, a hedge fund known for cutting costs and eliminating newsroom jobs, in a deal valued at $630 billion. (AP Photo/Charles Rex Arbogast, File)CHICAGO – The newspaper publisher Tribune has agreed to be sold to Alden Global Capital, a hedge fund known for cutting costs and eliminating newsroom jobs, in a deal valued at $630 million. Alden became Tribune Publishing’s largest shareholder in 2019; it holds a 32% stake. AdThe success of the Tribune deal hinges on securing the votes of biotech billionaire and Los Angeles Times owner Patrick Soon-Shiong, who owns about 24% of Tribune Publishing, and shareholder Mason Slaine, a former media executive who owns about 8%, according to the Chicago Tribune.

Hedge fund Alden, Tribunes largest shareholder, has offered to buy the rest of the newspaper publisher, Thursday, Dec. 31, 2020, at a price that values it at $520.6 million. (AP Photo/Kiichiro Sato, File)Hedge fund Alden, Tribune's largest shareholder, has offered to buy the rest of the newspaper publisher at a price that values it at $520.6 million. Alden owns 31.6% of Tribune shares. The unions at Tribune papers have pushed for alternative buyers for the company's papers. Tribune shares rose $1.18, or 9.2%, to $13.97 in late morning trading.

President Donald TrumpCHICAGO - An Illinois Republican group has apologized and removed from its Facebook page a post that showed images of four Democratic congresswomen who have been criticized by President Donald Trump and referred to them as the "Jihad Squad." The post appeared Friday night on the Republican County Chairman's Association page. The Chicago Tribune reported that it showed images of Reps. Alexandria Ocasio-Cortez, Ilhan Omar, Ayanna Pressley and Rashida Tlaib on a poster. It said: "Political jihad is their game," and "If you don't agree with their socialist ideology, you're racist." Mark Shaw, president of the GOP group, condemned what he called an "unauthorized" post and apologized to anyone who was offended.

Getty ImagesA popular Chicago attraction was vandalized late Monday, leading to the arrests of seven people. The Chicago Tribune reported that graffiti was spray-painted on The Bean sculpture in Millennium Park. The vandals also tagged the Cancer Survivor Wall in Maggie Daley Park. The Bean, also known as Cloud Gate, had its stainless steel surface defaced with the words "35th Crew" in silver paint. The Bean, a familiar sight in many tourists' photos, was created by artist Anish Kapoor and installed in Millennium Park in 2006.