About the Company
Lee Enterprises, Inc. is a publicly traded American media company. It publishes 77 daily newspapers in 26 states, and more than 350 weekly, classified, and specialty publications. Lee Enterprises was founded in 1890 by Alfred Wilson Lee and is based in Davenport, Iowa.The company also provides online services, including websites supporting its daily newspapers and other publications. Lee had more than 25 million unique web and mobile visitors monthly, with 209.1 million pages viewed. Lee became majority partner of TownNews.com in 1996; Town News creates software for newspaper publication purposes. The company offers commercial printing services to its customers.Lee Enterprises is currently the fourth largest newspaper group in the United States of America. The company acquired Howard Publications (16 daily newspapers) for $694 million in 2002 and Pulitzer, Inc. (14 daily, over 100 non-daily), for $1.5 billion in 2005.From January 2012 to April 2017, the company's executive chairman, Mary Junck, was chairman of the Associated Press. In December 2018, Lee Enterprises announced that Mary Junck would transition from Executive Chairman to Chairman of the company.In January 2020, Lee Enterprises announced an agreement with Berkshire Hathaway to acquire BH Media Group's publications and The Buffalo News for $140 million in cash.In November 2021, global hedge fund Alden Global Capital made an offer to acquire Lee Enterprises for $24 per share, or about $141 million. In response, the board of Lee Enterprises enacted a shareholder rights plan, colloquially known as a "poison pill", in order to ward off the purchase attempt. Then, in early December, the board of Lee unanimously rejected the Alden bid, saying that the Alden proposal "grossly undervalues Lee and fails to recognize the strength of our business today."In November 2021, the U.S. Department of Justice alleged two Iranian nationals had accessed the company's content management system in the fall of 2020, aiming to post false news about the presidential election.
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Latest $LEE News
New job postings for St. Louis job seekers
Browse through the latest St. Louis employment postings and find your next career. Lee Enterprises is hiring an ambitious, ...
Broad Arrow Auctions Is Selling A One-of-a-Kind 2007 Porsche 911 GTS RSR Painted by Troy Lee
Originally purchased by Flying Lizard Motorsports from Porsche Motorsport, this 911 GT3 RSR not only competed in the American ...
How much did that house sell for? Recent sales from Douglas and Sarpy Counties
Check out recent house sales in your neighborhood or ZIP code. Our weekly list shows residential and commercial real estate ...
Lee County Commission answers questions about Phase 2 of broadband project
The Lee County Commission provided an update to the Phase 1 broadband internet grant projects and answered questions ...
Houston County property transfers
Demitta L. Wilson; WH Cash Offers LLC; 1401 Tonawanda Dr., $85,000; 4/10/2024. SMB Land LLC; Stone Martin Builders LLC; 609 ...
Lee Enterprises Adopts Limited-Duration Shareholder Rights Plan
Board Acted in Response to a Significant Accumulation of Stock to Protect Long-Term Value for All ShareholdersDAVENPORT, Iowa, March 29, 2024 (GLOBE NEWSWIRE) -- Lee Enterprises, Incorporated (NASDAQ: ...
Laurel Lee has drawn plenty of challengers. But do any of them have money?
Lee, a Thonotosassa Republican, raised nearly $278,000 from the start of the year until the end of March. That brings her ...
What's the most expensive property sold in RI? April 20 real estate transactions
A home on Cherry Street in Newport recetly sold for $3,600,000. The 4,658 square-foot home has 3 bedrooms and three and a ...
Olympic gymnast Suni Lee back in form after kidney ailment
Olympic gymnastic Suni Lee, who is expected to make the U.S. team for the Paris Games, said she's back to form after gaining ...
MicroStrategy Inc Executive Chairman and 10% Owner Michael Saylor Sells Company Shares
MicroStrategy Inc (NASDAQ:MSTR), a provider of enterprise analytics and mobility software, has seen a recent insider sell ...
Prescribed burn planned at Flying D Ranch southwest of Bozeman
Turner Enterprises Inc. announced prescribed burning is planned Thursday or Friday at the Flying D Ranch, southwest of ...
Advanced Micro Devices Stock Has 38% Upside, According to 1 Wall Street Analyst
Shares of Advanced Micro Devices (NASDAQ: AMD) are down 28% since touching an all-time high of $227.30 last month. The dip coincides with recent weakness in the major market indexes, but analyst Frank ...
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