Brief: Lee Enterprises Confirms Receipt Of Unsolicited Acquisition Proposal From Alden Global Capital
22/11/2021 23:28
Nov 22 (Reuters) - Lee Enterprises Inc LEE.O :
* LEE ENTERPRISES CONFIRMS RECEIPT OF UNSOLICITED
ACQUISITION
PROPOSAL FROM ALDEN GLOBAL CAPITAL, LLC
* LEE ENTERPRISES INC - SHAREHOLDERS ADVISED TO TAKE NO
ACTION
PENDING BOARD REVIEW
* LEE ENTERPRISES INC - RECEIVED UNSOLICITED NON-BINDING
PROPOSAL
FROM ALDEN TO PURCHASE CO FOR $24.00 PER SHARE IN CASH
Source text for Eikon: ID:nBwSGyl7a
Further company coverage: LEE.O
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