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Lee Enterprises' Board puts plan in place to hold back takeover by hedge-fund Alden Global Capital

On Wednesday afternoon (Nov. 24, 2021), Lee Enterprises, announced in a press release that “its Board of Directors has unanimously adopted a limited-duration shareholder rights plan (Rights Plan)." Within the statement from Lee Chairman Mary Junck: "Consistent with its fiduciary duties, Lee's Board has taken this action to ensure our shareholders receive fair treatment, full transparency and protection in connection with Alden's unsolicited proposal to acquire Lee."
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The Scott C. Schurz Press Freedom Teacher Award celebrates teachers worldwide who educate young people about the need for journalism and the real-world dangers to journalists everywhere. This year, the award recognizes three outstanding educators from three continents.
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For too many years, reporting on gender, politics and policy and their effect on overlooked segments of society have not been seen “above the fold.” So the 19th, an independent, nonprofit newsroom, was created and is working hard to push these issues forward.
In recent years at least 1,400 local news publications, most of them digital, have begun to fill America’s large and growing local news desert. But are they really “greening” that desert by filling it with legitimate local news? Or are they just trying to exploit it financially and politically?
Whether it’s an expert on your team at maintaining great relationships with your local advertisers, a pro at representing your audience to regional and national buyers or that fantastic team leader who knows how to coach and maximize sales performance, help us recognize the industry's "Sales Superstars" by nominating yours today!
There is a sudden swell of optimism about the state of journalism in Chicago, where local journalists are about to answer a question I posed on these pages several years ago: Why can’t newspapers create a business model similar to public radio stations?
An intense, 10-day media sales and operations training program is preparing its graduates for immediate advertising and operations sales jobs with major broadcast media companies. And, through its partnership with the National Association of Black Owned Broadcasters Foundation and the National Association of Broadcasters, it's helping to bring diversity to the media workforce.
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