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LEE News Highlights
- For LEE, its 30 day story count is now at 22.
- Over the past 26 days, the trend for LEE's stories per day has been choppy and unclear. It has oscillated between 1 and 4.
- The most mentioned tickers in articles about LEE are APP, CMS and LE.
Latest LEE News From Around the Web
Below are the latest news stories about LEE ENTERPRISES Inc that investors may wish to consider to help them evaluate LEE as an investment opportunity.
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 app
The hedge fund pursuing a hostile takeover of the St. Louis Post-Dispatch's owner has again sued the company, claiming it's planning to employ illegal rules at a board election next month.
Alden Global Capital, LLC Announces That Affiliate Has Filed a Lawsuit Seeking To Prevent Lee Enterprises from Disenfranchising Shareholders
WEST PALM BEACH, Fla., February 22, 2022--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 ru
Reiterates Successful Digital Growth Strategy and Strength of Board Leadership Bench Urges Shareholders to Vote FOR the Board’s Highly Experienced Nominees on the WHITE Proxy Card DAVENPORT, Iowa, Feb. 22, 2022 (GLOBE NEWSWIRE) -- Lee Enterprises, Incorporated (NASDAQ: LEE) (“Lee” or the “Company”) today sent a letter to shareholders urging them to vote “FOR” the Board’s three nominees – Chairman Mary Junck, Lead Independent Director Herb Moloney and Chief Executive Officer Kevin Mowbray – at Le
Describes Lee’s Successful Digital Transformation, Track Record of Value Creation and Significant Upside Potential Urges Shareholders to Vote FOR Lee’s Highly Qualified Nominees on the WHITE Proxy Card DAVENPORT, Iowa, Feb. 17, 2022 (GLOBE NEWSWIRE) -- Lee Enterprises, Incorporated (NASDAQ: LEE) (“Lee” or the “Company”) today released a detailed presentation to investors ahead of its 2022 Annual Meeting of Shareholders, scheduled for March 10. The presentation outlines Lee’s Three Pillar Digital
In a report released today, Michael Kupinski from Noble Financial maintained a Buy rating on Lee Enterprises (LEE – Research Report), with a price target of $50.00. The company's shares closed last Tuesday at $36.94. According to TipRanks.com, Kupinski is a 5-star analyst with an average return of 13.9% and a 48.0% success rate. Kupinski covers the Services sector, focusing on stocks such as Beasley Broadcast Group, Salem Communications, and Entravision. Lee Enterprises has an analyst consensus of Moderate Buy, with a price target consensus of $50.00.
Lee Enterprises, owner of the Post-Dispatch, said the ruling meant it would not recognize votes in favor of a hedge fund's nominees to its board. But the hedge fund, Alden Global Capital, said it would initiate a "no" campaign against Lee's board nominations.
Alden Global Capital, LLC Announces that Affiliate Will Be Filing Proxy Materials to Commence a "Vote No" Campaign Against Two Directors at Lee’s Upcoming 2022 Annual Meeting
WEST PALM BEACH, Fla., February 15, 2022--Alden Global Capital, LLC (together with its affiliates, "Alden" or "we"), who through an affiliate has an ownership stake of approximately 6.3% of Lee Enterprises, Incorporated ("Lee" or the "Company") (NASDAQ: LEE), today issued a statement in response to the Delaware Chancery Court’s decision to uphold Lee’s invalidation of Alden’s two highly qualified and fully independent director candidates and announced that its affiliate will be filing preliminar
Lee Enterprises Comments on Delaware Court of Chancery Ruling In Favor of Lee and Against Alden Global Capital
Court Rules Lee Board’s Decision Was Reasonable and Justified Alden May Not Nominate Directors to Lee’s Board This Year Lee’s Board of Directors Continues to Urge Shareholders to Vote FOR its Three Highly Experienced Nominees on Lee’s WHITE Proxy Card DAVENPORT, Iowa., Feb. 15, 2022 (GLOBE NEWSWIRE) -- Lee Enterprises, Incorporated (NASDAQ: LEE) (“Lee” or the “Company”) today announced that the Delaware Chancery Court has upheld the decision by Lee’s Board of Directors to reject the director nom
With the partnership, Tekan will become the exclusive provider of TownNews technology in CanadaDAVENPORT, Iowa, Feb. 08, 2022 (GLOBE NEWSWIRE) -- TownNews and Tekan announce an exclusive partnership for TownNews to become the content management system (CMS) and associated technology stack for members of a newly formed coalition of Canadian publishers. For TownNews, the exclusive partnership opportunity with Tekan provides a launch pad for a major expansion into the Canadian market. TownNews is t