DAILY NEWS UNION TAKES LEGAL ACTION AGAINST NEWSPAPER OWNER ALDEN GLOBAL CAPITAL
NEW YORK – Unionized employees at New York’s Hometown Newspaper, the Daily News, have taken legal action against the paper’s owner, Alden Global Capital, after the hedge fund’s representatives circumvented the union to negotiate a health-care plan with an insurance fund for union members – and planned on pocketing the big savings they got on the deal.
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