![](https://abc17news.b-cdn.net/abc17news.com/2021/06/kmiz-biz-and-tech-375x225.png)
Lee Enterprises try to ward off hostile takeover by Alden
DAVENPORT, Iowa (AP) — The Lee Enterprises newspaper chain has adopted a “poison-pill” plan to protect itself from a hostile takeover while it considers an unsolicited offer from hedge fund Alden Global Capital to buy Lee for $24 a share. The plan would take effect if Alden gains control of more than 10% of Lee’s
Continue Reading