Lee Enterprises rejects takeover bid from Alden hedge fund

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 Continue reading at 'ABC News'

[ ABC News | 2021-12-09 21:37:15 UTC ]
News tagged with: #takeover offer

Other Publishing stories related to: ' Lee Enterprises rejects takeover bid from Alden hedge fund'


Lee Enterprises rejects takeover bid from Alden hedge fund

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 Continue reading at ABC News

[ ABC News | 2021-12-09 21:37:15 UTC ]
More news stories like this | News stories tagged with: #takeover offer


Lee Enterprises rejects takeover bid from Alden hedge fund

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. Continue reading at Baltimore Sun

[ Baltimore Sun | 2021-12-09 19:38:26 UTC ]
More news stories like this | News stories tagged with: #takeover offer


Judge backs Lee Enterprises rejection of hedge fund nominees

Lee Enterprises' effort to repel a hostile takeover got a boost this week when a judge ruled the newspaper publisher could ignore two director nominations from the Alden Global Capital hedge fund Continue reading at ABC News

[ ABC News | 2022-02-15 18:29:26 UTC ]
More news stories like this | News stories tagged with: #lee enterprises #judge ruled


Alden sues Lee after news publisher rejects its takeover bid

Alden Global Capital hedge fund, owner of the Chicago Tribune, stepped up its attempts to buy Lee Enterprises this week, filing a lawsuit that accuses its board of denying shareholders of the newspaper publisher a voice in the matter. Continue reading at Baltimore Sun

[ Baltimore Sun | 2021-12-16 17:02:32 UTC ]
More news stories like this | News stories tagged with: #takeover bid #chicago tribune #news publisher


Alden sues Lee after news publisher rejects its takeover bid

Nearly a week after Lee Enterprises rejected Alden Global Capital’s attempt to buy the newspaper publisher, the hedge fund responded Wednesday with a lawsuit accusing Lee’s board of improperly denying shareholders the chance to have a say on the offer Continue reading at ABC News

[ ABC News | 2021-12-15 23:34:05 UTC ]
More news stories like this | News stories tagged with: #takeover bid #news publisher


Buffalo News publisher rejects Alden Global Capital's takeover bid.

The board of Lee Enterprises voted 8-0 against an unsolicited offer by the hedge fund that valued the newspaper chain at $141 million. Continue reading at The New York Times

[ The New York Times | 2021-12-09 20:44:02 UTC ]
More news stories like this | News stories tagged with: #takeover bid #hedge fund #newspaper chain #$141 million #news publisher


Gannett Rejects Hostile Bid From Hedge Fund-Backed Group

The newspaper publisher’s board said the $1.3 billion offer “is not in the best interests of Gannett and its shareholders.” But the fight for control is likely to go on. Continue reading at The New York Times

[ The New York Times | 2019-02-05 00:00:00 UTC ]
More news stories like this |


News publisher Lee faces renewed pressure from hedge funds

Newspaper publisher Lee Enterprises is facing renewed pressure from a hedge fund to speed up its transition to digital publishing and consider adding new digital-savvy leaders to its board Continue reading at ABC News

[ ABC News | 2022-04-14 21:27:45 UTC ]
More news stories like this | News stories tagged with: #hedge funds #hedge fund #digital publishing #news publisher


Hedge fund Alden offers to buy Tribune, valuing it at $521M

Hedge fund Alden, Tribune’s largest shareholder, has offered to buy the rest of the newspaper publisher at a price that values it at $520.6 million Continue reading at ABC News

[ ABC News | 2020-12-31 15:47:06 UTC ]
More news stories like this | News stories tagged with: #largest shareholder


Telegraph and Spectator takeover: News Corp and Mail owner consider bids

Planned acquisition by UAE-backed RedBird IMI is being considered by the culture secretaryBusiness live – latest updatesMedia groups have reportedly shown fresh interest in a takeover of the Telegraph and Spectator alongside Redbird IMI, the UAE backed consortium.Bloomberg said Rupert Murdoch’s... Continue reading at The Guardian

[ The Guardian | 2024-03-12 14:46:36 UTC ]
More news stories like this | News stories tagged with: #news uk #planned acquisition #rupert murdoch #daily mail #culture secretary #news corp


Lagardère raises publishing profit outlook as it prepares for Vivendi takeover bid

Hachette Livre owner Lagardère has raised its publishing division's profitability outlook to 13.5%. Continue reading at The Bookseller

[ The Bookseller | 2021-12-20 11:14:48 UTC ]
More news stories like this | News stories tagged with: #publishing division #lagardère #hachette livre


Tribune agrees to purchase by hedge fund for $630 million

Newspaper publisher Tribune has agreed to be sold to Alden Global Capital, a hedge fund known for cutting costs and eliminating newsroom jobs, in a deal valued at $630 billion Continue reading at ABC News

[ ABC News | 2021-02-17 00:40:46 UTC ]
More news stories like this | News stories tagged with: #hedge fund #cutting costs #deal valued


Scotland's National Book Awards postponed to 2021 after funding bid fails

Scotland's National Book Awards will not go ahead this year and will be delayed until 2021 after a funding application to Creative Scotland was unsuccessful, its organisers have confirmed. Continue reading at The Bookseller

[ The Bookseller | 2020-11-23 04:05:52 UTC ]
More news stories like this | News stories tagged with: #creative scotland


Hedge fund to pay $312M for McClatchy newspaper chain

Hedge fund Chatham Asset Management says it will pay $312 million to buy newspaper publisher McClatchy out of bankruptcy protection Continue reading at ABC News

[ ABC News | 2020-07-25 15:28:47 UTC ]
More news stories like this | News stories tagged with: #hedge fund #bankruptcy protection


Hedge fund Chatham plans to buy newspaper publisher McClatchy out of bankruptcy, ending 163 years of family control

Hedge fund Chatham plans to buy newspaper publisher McClatchy out of bankruptcy, ending 163 years of family control Continue reading at ABC News

[ ABC News | 2020-07-12 18:20:00 UTC ]
More news stories like this | News stories tagged with: #family control


Lee Enterprises Receives Notice From NYSE to Comply with Listing Standards

Newspaper publisher Lee Enterprises, Inc. received notice from the New York Stock Exchange last week that it is not in Continue reading at Editor & Publisher

[ Editor & Publisher | 2020-05-20 15:03:52 UTC ]
More news stories like this |


Once a book selling giant, Barnes & Noble sold to hedge fund

The one-time bookselling giant is being acquired by a hedge fund for $476 million. The national chain that many blamed for the demise of independent bookstores has been ravaged by Am…; and other... To view the full story, click the title link. Continue reading at Crains New York

[ Crains New York | 2019-06-07 15:58:20 UTC ]
More news stories like this | News stories tagged with: #hedge fund #$476 million #national chain #independent bookstores


Irish Supreme Court Rejects Facebook Bid to Block ECJ Data Case

The European Court of Justice (ECJ) will hear a landmark privacy case regarding the transfer of EU citizens’ data to Continue reading at Editor & Publisher

[ Editor & Publisher | 2019-05-31 19:45:54 UTC ]
More news stories like this | News stories tagged with: #european court


In FY2020 Budget Proposal, Trump Renews Bid to End Federal Library Funding

ALA officials said the president's budget proposal was discouraging, but the bipartisan support in Congress over the past two years gives library supporters "reason to hope.” Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-03-11 00:00:00 UTC ]
More news stories like this | News stories tagged with: #ala officials #budget proposal #library supporters


Lee Enterprises Reverses Course, Un-Hires New Publisher After Tweets Surface

[caption id="attachment_137853" align="alignright" width="150"] Paul McArthur[/caption] That was fast. A day after announcing the hiring of GateHouse Media senior VP Paul McArthur as regional publisher overseeing four Montana-based news outlets, Lee Enterprises has reversed its decision,... Continue reading at Folio Magazine

[ Folio Magazine | 2018-09-27 00:00:00 UTC ]
More news stories like this | News stories tagged with: #recent months #media companies