James Pattison sells The News Group to American hedge fund

James Pattison sells The News Group to American hedge fund
James Pattison, one of the wealthiest people in Canada, has apparently bailed on his struggling US publications’ wholesale distribution operation The News Group (also known as TNG Group) and is selling to an American hedge fund. Chatham Asset Management is the new owner of the operation that is going to be called American News Company...