Business

Alden sues Lee after news publisher rejects his takeover bid

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Nearly a week after Lee Enterprises turned down Alden Global Capital’s attempt to acquire the newspaper publisher, the hedge fund responded on Wednesday with a lawsuit alleging Lee’s board improperly denied the opportunity. meeting for shareholders to have a say in the proposal.

https://www.seattletimes.com/business/alden-sues-lee-after-news-publisher-rejects-its-takeover-bid/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_business Alden sues Lee after news publisher rejects his takeover bid

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