Tag: Atalaya Capital Management
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Chicago Reader Goes the Way of Clear Channel and Leverage Is the Culprit
Private equity seems all the rage for financially troubled media properties, though I contend that is a bad thing. As I report on this week’s radioshow, all of the alternative weeklies owned by Atlanta-based Creative Loafing Inc. became the property of New York-based Atalaya Capital Management, which won a bankruptcy auction buying the company for…