Recent events
Recent events tied to this brand in public sources.
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2021
Alden sues Lee over takeover bid and director nominations
Alden Global Capital filed a lawsuit accusing Lee Enterprises' board of denying shareholders a voice regarding Alden's takeover bid. Alden asked the court to order Lee to accept its three director nominees; Lee said Alden's claims were baseless and that it did not think the hedge fund would prevail.
2020
Berkshire Hathaway sells its newspaper business to Lee Enterprises
Berkshire Hathaway sold its newspaper business to publisher Lee Enterprises for $140 million in cash. The transaction included Berkshire Hathaway Media Group and The Buffalo News.
2020
Lee Enterprises agrees to acquire BH Media Group and The Buffalo News
Lee Enterprises reached a deal with Berkshire Hathaway to acquire BH Media Group and The Buffalo News for $140 million. The deal also includes a 10-year lease agreement for BH Media Group real estate.