Lee Enterprises dodged a hostile takeover by Alden, but they are planning hundreds of job cuts to right-size their operations.
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Alden Global Capital loses its second lawsuit against Lee Enterprises in two weeks in its hostile takeover attempt.
Lee Enterprises scored a victory against hedge fund Alden Global Capital in court Monday, affirming their rejection of board candidates.
Legacy media organization Lee Enterprises urges shareholders to reject ‘vulture hedge fund’ for their hostile takeover.
Alden Global Capital is taking Lee Enterprises to court, demaning that its three board nominees be considered. Hostile takeover, anyone?
Lee Enterprises rejects hedge fund Alden Global Capital’s attempt to nominate directors to the board.
Hedge fund Alden Global Capital has made an unsolicited cash offer to buy Lee Enterprises.
Facebook expands fan subscriptions for gaming streamers, Wildgrain ships artisinal sourdough loaves, and eDreams adds hotels to subscription service.
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