News Releases | Lee Enterprises, Inc.

Year

09 Dec '21

Lee Enterprises Board of Directors Unanimously Rejects Unsolicited Proposal from Alden

Determines Opportunistic Proposal Grossly Undervalues Lee and is not in the Best Interests of the Company and its Shareholders DAVENPORT, Iowa, Dec. 09, 2021 (GLOBE NEWSWIRE) -- Lee Enterprises, Incorporated (NASDAQ: LEE) (“Lee” or the “Company”) today announced that its Board of Directors has...

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09 Dec '21

Lee Enterprises reports continued revenue and Adjusted EBITDA growth and strong fourth quarter results

Quarterly total operating revenue increase driven by 37% digital revenue growth Adjusted EBITDA (1) grew for the third consecutive quarter Digital-only subscribers grew 65% to over 400,000 Amplified revenue grew 71% in the quarter and totaled more than $41 million in 2021 DAVENPORT, Iowa, Dec....

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03 Dec '21

Lee Enterprises Announces that Director Nomination Notice from Alden is Invalid

Alden Not Entitled to Nominate Board Candidates for the 2022 Annual Meeting DAVENPORT, Iowa --(BUSINESS WIRE)--Dec. 3, 2021-- Lee Enterprises, Incorporated (NASDAQ: LEE) (“Lee” or the “Company”) announced that the notice submitted by Alden Global Capital, LLC (together with its affiliates,...

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02 Dec '21

Lee Enterprises plans quarterly and year end call and webcast December 9, 2021

DAVENPORT, Iowa, Dec. 02, 2021 (GLOBE NEWSWIRE) -- Lee Enterprises, Incorporated (NASDAQ: LEE), a major subscription and advertising platform and a leading provider of high quality, trusted, local news and information in 77 markets, has scheduled an audio webcast and conference call for Thursday,...

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29 Nov '21

Lee Enterprises Comments on Purported Director Nominations from Alden

DAVENPORT, Iowa --(BUSINESS WIRE)--Nov. 29, 2021-- Lee Enterprises, Incorporated (NASDAQ: LEE) (“Lee” or the “Company”) today commented on the purported notice submitted by Alden Global Capital, LLC (together with its affiliates, “Alden”) seeking to nominate three candidates to stand for election...

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24 Nov '21

Lee Enterprises Adopts Limited-Duration Shareholder Rights Plan

Board Takes Action in Response to Alden’s Unsolicited Proposal to Acquire Lee Board Committed to Protecting Long-Term Value for All Shareholders DAVENPORT, Iowa --(BUSINESS WIRE)--Nov. 24, 2021-- Lee Enterprises, Incorporated (NASDAQ: LEE), today announced that its Board of Directors has...

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22 Nov '21

Lee Enterprises Confirms Receipt of Unsolicited Acquisition Proposal From Alden Global Capital, LLC

Shareholders advised to take no action pending Board review DAVENPORT, Iowa --(BUSINESS WIRE)--Nov. 22, 2021-- Lee Enterprises Inc. (NASDAQ:LEE) today confirmed that it has received an unsolicited non-binding proposal from Alden Global Capital, LLC (“Alden”) to purchase Lee Enterprises for $24.00...

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19 Oct '21

Lee Enterprises announces exclusive automotive partnership with Mudd Advertising to deliver omni-channel marketing solutions to the automotive industry

DAVENPORT, Iowa, Oct. 19, 2021 (GLOBE NEWSWIRE) -- Lee Enterprises Inc. (NASDAQ: LEE), a leading provider of high quality, trusted local news and information and a major subscription and advertising platform in 77 markets, announced a strategic partnership with Mudd Advertising, a leading...

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05 Aug '21

Lee Enterprises reports strong third quarter results with revenue and Adjusted EBITDA growth

Total operating revenue increased (+8%) over the prior year Digital revenue totaled $66 million (+48%), more than one-third of total operating revenue Adjusted EBITDA (1) totaled $27 million, up over the prior year for second straight quarter Digital-only subscribers grew 51% to 337,000 DAVENPORT,...

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28 Jul '21

Lee Enterprises plans quarterly call and webcast August 5, 2021

DAVENPORT, Iowa, July 28, 2021 (GLOBE NEWSWIRE) -- Lee Enterprises, Incorporated (NASDAQ: LEE), a major subscription and advertising platform and a leading provider of high quality, trusted, local news and information in 77 markets, has scheduled an audio webcast and conference call for Thursday,...

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