News Releases | Lee Enterprises, Inc.

29 Jan '20

DAVENPORT, Iowa, Jan. 29, 2020 (GLOBE NEWSWIRE) -- Lee Enterprises, Incorporated (NYSE: LEE), a trusted local news provider and leading platform for advertising in 50 markets, has entered into a definitive agreement with Berkshire Hathaway to acquire BH Media Group’s (“BHMG”) publications and The Buffalo News for $140 million in cash. Berkshire Hathaway is providing approximately $576 million in long-term financing to Lee at a 9% annual rate. The proceeds from the Berkshire financing will be used to pay for the acquisition, refinance Lee’s approximately $400 million of existing debt, and provide enough cash on Lee’s balance sheet to allow for the termination of Lee’s revolving credit facility. Subsequent to the deal closing, Berkshire Hathaway will be Lee’s sole lender....

12 Dec '19

05 Dec '19

31 Oct '19

DAVENPORT, Iowa, Oct. 31, 2019 (GLOBE NEWSWIRE) -- Lee Enterprises, Incorporated (NYSE: LEE) (the “Company”), a leading provider of high quality, trusted, local news, information and a major platform for advertising in 50 markets, announced that its Board of Directors will be nominating two new independent candidates for election to Lee’s Board of Directors at the Company’s 2020 Annual Meeting of Shareholders. The director nominees are Steven Fletcher , Chief Executive Officer of Explorer Parent LLC , and David Pearson , Chief Financial Officer of Vonage (NYSE: VG)....

08 Aug '19

30 Jul '19

11 Jul '19

23 May '19

10 May '19