Brief: Lee Enterprises Board Of Directors Unanimously Rejects Unsolicited Proposal From Alden
09/12/2021 12:32
Dec 9 (Reuters) - Lee Enterprises Inc LEE.O :
* LEE ENTERPRISES BOARD OF DIRECTORS UNANIMOUSLY REJECTS
UNSOLICITED PROPOSAL FROM ALDEN
* LEE ENTERPRISES - CO'S BOARD DETERMINED ALDEN'S PROPOSAL
"GROSSLY UNDERVALUES LEE AND IS NOT IN BEST INTERESTS OF CO AND
ITS SHAREHOLDERS"
Source text for Eikon: ID:nGNX6vTH0P
Further company coverage: LEE.O
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