SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 12 or 15(d) of
The Securities Exchange Act of 1934
Date of Report: January 18, 2001
LEE ENTERPRISES, INCORPORATED
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(Exact name of registrant as specified in its charter)
Delaware 1-6227 42-0823980
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(State or other (Commission (IRS Employer
jurisdiction of File Number)
Identification No.)
incorporation)
215 N. Main Street, Davenport, IA 52801-1924
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(Address of principal executive offices) ZIP Code
(319) 383-2100
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(Registrant's telephone number, including area code)
Item 5. Other Events
On January 18, 2001, the Registrant issued the following press release
announcing its plans to sell its only remaining broadcasting property, KMAZ-TV
in El Paso, Texas, to Council Tree Hispanic Broadcasters, L.L.C., of Longmont,
Colorado. The sale is subject to various conditions, including approval by the
Federal Communication Commission, and other customary contingencies for a
transaction of this nature.
NEWS RELEASE
FOR RELEASE: January 18, 2001
Lee Enterprises to sell TV station in El Paso
EL PASO, Texas (January 18, 2001) -- Lee Enterprises (NYSE: LEE) announced plans
today to sell KMAZ-TV in El Paso to Council Tree Hispanic Broadcasters, L.L.C.,
of Longmont, Colorado.
Mary Junck, Lee Enterprises president and chief operating officer, said the sale
is expected to close in several months, after regulatory clearances and approval
of the Federal Communications Commission.
The sale will complete Lee's exit from television broadcasting. Lee announced
last March that it had made a strategic decision to focus on newspaper
publishing and related online services. On Oct. 1, Lee completed the sale of
eight network-affiliated stations and their satellites to Emmis Communications
Corporation of Indianapolis, Indiana.
Lee Enterprises is based in Davenport, Iowa. It owns 23 daily newspapers and
joint interest in five others. Lee also owns more than 100 weekly newspapers,
shoppers and classified and specialty publications, along with associated online
services. More information about Lee Enterprises is available at www.lee.net.
Signatures
Pursuant to the requirements of the Securities Exchange Act of
1934, the Registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
LEE ENTERPRISES, INCORPORATED
By: /s/ G. Chris Wahlig
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G. Chris Wahlig
Vice President-Finance and
Chief Accounting Officer
Dated: January 18, 2001