Lee Enterprises Stock News

The hedge fund trying to buy newspaper publisher Lee Enterprises has returned to court

OMAHA, Neb. (AP) The hedge fund trying to buy newspaper publisher Lee Enterprises returned to court Tuesday in a

DAVENPORT, Iowa, Feb. 22, 2022 (GLOBE NEWSWIRE) -- Lee Enterprises, Incorporated (NASDAQ: LEE ) today issued the following statement in response to the recent lawsuit filed by Alden Global Capital LLC (together with its affiliates, "Alden") in the Delaware Court of Chancery: "We are disappointed, but not surprised, that Alden continues to pursue increasingly desperate measures in an attempt to destabilize Lee and advance its grossly undervalued hostile proposal to purchase the Company. We are applying the clear and plain language of our bylaws, which is not new, and our position that plurality voting applies at this meeting (because of Alden''s actions) has been abundantly clear in our disclosures for over a month now. Alden asked us last week to amend our bylaws to change the clear meaning of them in the middle of an election. The Board properly determined not to do so." Lee''s Board urges shareholders to protect their investment by voting " FOR " ALL the Board''s nominees using the WHITE proxy card.

DAVENPORT, Iowa, Feb. 22, 2022 (GLOBE NEWSWIRE) -- Lee Enterprises, Incorporated (NASDAQ: LEE) today issued the following statement in response to the recent lawsuit filed by Alden Global Capital LL

Alden Global Capital, LLC announced that its affiliate filed a lawsuit seeking to prevent Lee from brazenly disenfranchising shareholders by rigging the upcoming director election to guarantee the | February 22, 2022

WEST PALM BEACH, Fla.--(BUSINESS WIRE)--Alden Global Capital, LLC announced that its affiliate filed a lawsuit seeking to prevent Lee from brazenly disenfranchising shareholders by rigging the upcoming director election to guarantee the re-election of entrenched directors who have profited substantially even while the company is in a downward spiral and its journalism is suffering. After announcing in December 2021 that no valid stockholder nominations had been received, and winning a court rul

Describes Lee’s Successful Digital Transformation, Track Record of Value Creation and Significant Upside Potential

Lee Enterprises Inc acted within its legal powers when it rejected hedge fund Alden Global Capital’s attempt to nominate two directors to the local paper publisher’s board as part of an unsolicited bid to purchase the company, a Delaware judge has ruled.

Lee Enterprises effort to repel a hostile takeover got a boost this week when a judge ruled the newspaper publisher could ignore two director nominations from the Alden Global Capital hedge fund

Lee Enterprises effort to repel a hostile takeover got a boost this week when a judge ruled the newspaper publisher could ignore two board nominations from the hedge fund Alden Global Capital .

With the partnership, Tekan will become the exclusive provider of TownNews technology in Canada With the partnership, Tekan will become the exclusive provider of TownNews technology in Canada

Welsch, the co-founder and editor of 406mtsports.com, will take over leadership of the news operations as well as sports for Montana.

Lee Enterprises, Incorporated (LEE) CEO Kevin Mowbray on Q1 2022 Results - Earnings Call Transcript