Alden Global Capital Solicits Proxies from Shareholders of Lee Enterprises
January 27, 2022 at 04:06 pm EST
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On January 27, 2022, Alden Global Capital LLC filed a preliminary proxy statement solicitating proxies and urged the shareholders of Lee Enterprises, Incorporated to vote for the election of its nominees, Colleen B. Brown and John S. Zieser, as directors of the Company to serve until the 2025 annual meeting of stockholders at the Company’s annual shareholders meeting scheduled to be held on March 10, 2022.
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.
LEE ENTERPRISES, INCORPORATED 
