Alden Global Capital Nominates Candidates to the Board of Lee Enterprises
November 29, 2021 at 07:52 am EST
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On November 26, 2021, Alden Global Capital LLC delivered a letter to Lee Enterprises, Incorporated, nominating Colleen Brown, Carlos Salas, and John Zieser for election to the Board at the Company?s 2022 annual meeting.
Lee Enterprises, Incorporated is a provider of local news and information in the markets it serves with digital subscription and advertising platforms. The Companyâs product portfolio includes digital subscription platforms, daily, weekly and monthly newspapers and niche publications, all delivering original local news and information. The Companyâs products offer print and digital editions, and its content and advertising are available in real time through its websites and mobile apps. It operates in predominately mid-sized communities with products ranging from daily newspapers and associated digital products, such as the St. Louis Post-Dispatch and The Buffalo News, to non-daily newspapers with news websites and digital platforms serving smaller communities. The Company is focused on three categories: subscriptions to its product offerings, advertising and marketing solutions to local advertisers, and digital services to a diverse set of customers.