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Coverage dated December 8, 2021 to December 9, 2021

Lee Enterprises rejects takeover bid from Alden hedge fund

Headline from The Buffalo News

Newspaper publisher Lee Enterprises has rejected a takeover offer from the Alden Global Capital hedge fund that is one of the largest newspaper owners in the country with a reputation

The Buffalo News's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.

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Reports & sources

15 articles, oldest first.

  1. Bismarck Tribune

    Lee Enterprises rejects purchase offer from hedge fund Alden (opens Bismarck Tribune)

    Published

    Bismarck Tribune's feed description

    Lee Chairman Mary Junck said Alden Global Capital's $24-per-share offer grossly undervalued Lee and failed to recognize the strength of its business, especially its fast-growing digital news platform.

  2. The Buffalo News

    Lee Enterprises rejects takeover bid from Alden hedge fund (opens The Buffalo News)

    Published

    The Buffalo News's feed description

    Newspaper publisher Lee Enterprises has rejected a takeover offer from the Alden Global Capital hedge fund that is one of the largest newspaper owners in the country with a reputation

  3. Newsweek

    Newspaper publisher Lee Enterprises rejects $141M takeover bid from Alden hedge fund (opens Newsweek)

    Published

    Newsweek's feed description

    Lee Enterprises, which owns such newspapers as the St. Louis Post-Dispatch and the Buffalo News, said that a potential takeover by the hedge fund wasn't in its shareholders' best interests.

  4. Poynter

    Lee Enterprises formally rejects takeover offer from Alden Global Capital (opens Poynter)

    Published

    Poynter's feed description

    Lee stocks are up, suggesting that Wall Street agrees that the company can grow if it stays independent — or expects a higher offer from Alden.

  5. Richmond Times-Dispatch

    Newspaper publisher Lee Enterprises rejects purchase offer from hedge fund Alden (opens Richmond Times-Dispatch)

    Published

    Richmond Times-Dispatch's feed description

    The board of directors at Lee Enterprises, which owns the Richmond Times-Dispatch and nine other daily newspapers in Virginia, on Thursday rejected a New York hedge fund’s unsolicited offer to

  6. Arkansas Democrat-Gazette

    Publisher Lee turns down takeover offer (opens Arkansas Democrat-Gazette)

    Published

    Arkansas Democrat-Gazette's feed description

    Newspaper publisher Lee Enterprises has rejected a takeover offer from the Alden Global Capital hedge fund that is one of the largest newspaper owners in the country with a reputation for intense cost cuts and layoffs.

Identical headlines usually mean shared wire copy. They are counted as separate articles but are not independent confirmation.

Lee Enterprises rejects takeover bid from Alden hedge fund | Since Then