Hedge fund returns to court in battle to buy Lee Enterprises


The hedge fund trying to buy newspaper publisher Lee Enterprises returned to court Tuesday in a bid to settle a dispute over how votes for two longtime board members should be counted next month at the company’s annual meeting.

Alden Global Capital has already lost one lawsuit in the takeover battle when a judge decided last week that it wouldn’t be able to nominate its own directors at Lee’s March 10 annual meeting. Now it wants the court to decide how many votes Lee’s chairman and its lead independent director need to be re-elected.

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