Michele Laven

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Spotted around the media universe

Creative Loafing Sold To Hedge Fund; No Layoffs Planned - Posted August 26, 2009
Phew. Creative Loafing, the second-largest alt-weekly chain in the country, which has been in bankruptcy for almost a year, was sold at auction yesterday to hedge fund and creditor Atalaya Capital Management. Outgoing CEO Ben Eason borrowed $30 million from Atalaya to purchase the Chicago Reader and... [MediaJobsDaily]