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Lee Enterprises rejects Alden Global purchase offer

Lee’s Board of Directors unanimously determined that Alden’s proposal undervalued the company and was not in the best interests of its shareholders.

United statesMary junckTimes media coLee enterprisesNorthwest indianaAlden global capitalLee chairman maryThree pillar digital growth strategy

Lee Enterprises Board of Directors Unanimously Rejects Unsolicited Proposal from Alden

Press release content from Globe Newswire. The AP news staff was not involved in its creation.

United statesJamie tully jenny goreMary junckAlden global capitalLee enterprisesKirkland ellis watermanSard verbinnen coLee enterprises incorporatedLee chairman maryThree pillar digital growth strategyCommon stockBeneficial ownershipGlobe newswireBoard of directors

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