Brief: Alden Global Capital Announces Offer To Acquire Lee Enterprises
Nov 22 (Reuters) - Alden Global Capital
* ALDEN GLOBAL CAPITAL, LLC ANNOUNCES OFFER TO ACQUIRE LEE
ENTERPRISES
* ALDEN GLOBAL CAPITAL - PROPOSE TO PURCHASE LEE FOR $24.00
PER
SHARE IN CASH
* ALDEN GLOBAL CAPITAL - HAVE ABILITY TO FULLY FINANCE
ALL-CASH
PROPOSAL AND AGREEMENT WILL NOT INCLUDE A FINANCING CONDITION
Source text for Eikon: ID:nBw5GxCqYa
Further company coverage: LEE.O
((Reuters.Briefs@thomsonreuters.com;))
Recent news on Lee Enterprises
See all newsLee Enterprises Q2 prelim adjusted EBITDA jumps 95% on insurance recoveries
Brief: Lee Enterprises Inc Files For Offering Of Up To 15.4 Million Shares Of Common Stock By The Selling Stockholders - SEC Filing
Berkshire Hathaway invests in New York Times, trims Apple (updated)
Lee Enterprises Q1 Adjusted EBITDA rises 61%
Brief: Quint Digital Enters Stock Purchase Agreement With Lee Enterprises