The Associated Press says it will offer buyouts to an unspecified number of its U.S.-based journalists as part of an acceleration away from the focus on newspaper journalism that sustained the company for more than 1½ centuries.
Lee Enterprises has announced a compromise with the billionaire investor who tried to take over the nation's third-largest newspaper chain this year.
The company behind a massive proposed carbon pipeline in the Midwestern U.S. filed hundreds of lawsuits against landowners in recent years.
Newspaper publisher Lee Enterprises is facing renewed pressure from a hedge fund to speed up its transition to digital publishing and consider adding new digital-savvy leaders to its board.
Three directors at newspaper publisher Lee Enterprises have been reelected over the objections of the hedge fund that has been trying to buy the company since last fall.
Lee Enterprises effort to repel a hostile takeover got a boost this week when a judge ruled the newspaper publisher could ignore two director nominations from the Alden Global Capital hedge fund.
The Alden Global Capital hedge fund is sending its own appeal to shareholders of newspaper publisher Lee Enterprises as part of its campaign to acquire the company.
Newspaper publisher Lee Enterprises has rejected a takeover offer from the Alden Global Capital hedge fund that is one of the largest newspaper owners in the country with a reputation for intense cost cuts and layoffs.