Lee Enterprises Adopts Limited-Duration Shareholder Rights Plan [Yahoo! Finance]
Lee Enterprises, Incorporated (LEE)
Last lee enterprises, incorporated earnings: 5/4 06:30 am
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Source: Yahoo! Finance
DAVENPORT, Iowa, March 29, 2024 (GLOBE NEWSWIRE) -- Lee Enterprises, Incorporated (NASDAQ: LEE) (“Lee” or the “Company”), today announced that its Board of Directors (the “Board”) has unanimously adopted a limited-duration shareholder rights plan (“Rights Plan”). The Rights Plan is effective immediately and will expire on March 27, 2025. The Board may consider an earlier termination of the Rights Plan if circumstances warrant. The Board, in consultation with its legal advisors, adopted the Rights Plan in response to the significant accumulation of shares of Lee common stock by Quint Digital Limited, an entity based in India (together with its promoters and affiliates, “Quint”). In adopting the Rights Plan, the Board considered among other things, that Quint: Rapidly built and increased its ownership position to more than 12.4% of the Company's outstanding common stock, and in recent discussions with the Company, Quint indicated its intent to continue to accumulate LEE shares, C
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News
- Lee Enterprises Second Quarter 2024 Earnings: US$2.06 loss per share (vs US$1.01 loss in 2Q 2023) [Yahoo! Finance]Yahoo! Finance
- Lee Enterprises reports second quarter Adjusted EBITDA growth and strong digital growth [Yahoo! Finance]Yahoo! Finance
- Lee Enterprises reports second quarter Adjusted EBITDA growth and strong digital growthGlobeNewswire
- Lee Enterprises adds Chief Transformation and Commercial OfficerGlobeNewswire
- 2 more sentenced in carjacking, kidnapping of FBI employee in South Dakota [FOX News]FOX News
LEE
Sec Filings
- 5/3/24 - Form 10-Q
- 5/2/24 - Form 8-K
- 4/19/24 - Form SC
- LEE's page on the SEC website