25 Novembre 2021 05:19

Lee Ent. Holds Alden Cap. at Arm’s Length For Now

DailyCartoonist: Alden Capital’s attempted to takeover Lee Enterprises has stalled. From The Wrap: Lee Enterprises Inc. — one of few sizeable American newspaper chains not owned by hedge fund Alden Global Capital LLC — has adopted a limited duration shareholder rights plan that would prevent Alden from acquiring more than 10% of the company, as Lee …

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