Today, 4:06 PMLee Enterprises closes $50 million strategic equity private placement, secures credit facility amendment cutting interest on $455.5 million of debt to 5% for five years, and appoints lead investor David Hoffmann as board chairman.
Lee Enterprises, Inc. engages in the provision of local news, information, and advertising services. It also offers retail, classified, digital, national advertising, and niche publications. Its digital products include video, digital couponing, behavioral targeting, banner advertisements, and social networking. The company was founded by Alfred Wilson Lee in 1890 and is headquartered in Davenport, IA.
Join thousands of traders who make more informed decisions with our premium features.
Real-time quotes, advanced visualizations, backtesting, and much more.