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Lee Enterprises Inc

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BUSINESS
July 29, 1997 | Associated Press
Lee Enterprises Inc. will buy eight Oregon newspapers from ABC and its parent Walt Disney Co. for $185 million, Lee announced. The acquisition of the Pacific Northwest Publishing Group is the largest in the history of Lee Enterprises, an Iowa-based company that owns 16 television stations and 19 daily newspapers. The purchase also includes a shopper and a specialty publication group that covers eight markets in Washington, Oregon, Nevada and Utah.
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BUSINESS
February 1, 2005 | From Associated Press
Lee Enterprises Inc. is buying Pulitzer Inc. -- publisher of the St. Louis Post-Dispatch founded by famed newspaperman Joseph Pulitzer -- in a $1.46-billion deal that Lee says would give it the nation's fourth-biggest roster of daily newspapers. Davenport, Iowa-based Lee said the acquisition would make the company fourth in numbers of U.S. daily newspapers with 58 dailies in 23 states. Lee has 44 daily newspapers in 19 states.
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BUSINESS
February 1, 2005 | From Associated Press
Lee Enterprises Inc. is buying Pulitzer Inc. -- publisher of the St. Louis Post-Dispatch founded by famed newspaperman Joseph Pulitzer -- in a $1.46-billion deal that Lee says would give it the nation's fourth-biggest roster of daily newspapers. Davenport, Iowa-based Lee said the acquisition would make the company fourth in numbers of U.S. daily newspapers with 58 dailies in 23 states. Lee has 44 daily newspapers in 19 states.
BUSINESS
July 29, 1997 | Associated Press
Lee Enterprises Inc. will buy eight Oregon newspapers from ABC and its parent Walt Disney Co. for $185 million, Lee announced. The acquisition of the Pacific Northwest Publishing Group is the largest in the history of Lee Enterprises, an Iowa-based company that owns 16 television stations and 19 daily newspapers. The purchase also includes a shopper and a specialty publication group that covers eight markets in Washington, Oregon, Nevada and Utah.
BUSINESS
April 29, 1988
The American Newspaper Publishers Assn. has elected the following officers: Arthur Ochs Sulzberger, publisher of the New York Times and chairman of the New York Times Co., as chairman; William H. Cowles III, president and publisher of the Spokesman-Review and Spokane (Wash.) Chronicle, as vice chairman; Lloyd G. Schermer, president of Lee Enterprises Inc., Davenport, Iowa, as secretary, and Robert F. Erburu, chairman and chief executive of Times Mirror Co., as treasurer.
BUSINESS
July 29, 1997
Iowa-based Lee Enterprises Inc. will buy the Pacific Northwest Publishing Group--composed of eight Oregon newspapers--from ABC and its Burbank-based parent Walt Disney Co. for $185 million. . . . Los Angeles-based Guess Inc. said it filed suit in Los Angeles County Superior Court against the Union of Needletrades, Industrial and Textile Employees for alleged violations of a 1995 agreement not to use harassment and other tactics against the company. Union officials weren't available for comment.
BUSINESS
May 14, 1991
Lloyd G. Schermer has retired as chief executive of Lee Enterprises Inc., a Davenport, Iowa-based chain of newspapers and television stations. Schermer, 64, who had been chief executive since 1973, will remain as chairman. He is succeeded as chief executive by Richard D. Gottlieb, 48, who had been president and chief operating officer. Schermer has been a leader in the newspaper industry. He is the immediate past chairman of the American Newspaper Publishers Assn.
BUSINESS
November 21, 2006 | From Reuters
Yahoo Inc. said Monday that it has struck a deal with the publishers of 176 U.S. newspapers to let them use its technology to sell help-wanted advertising and offer a variety of local information services. The move is Yahoo's attempt to expand its reach into local markets, viewed as a key growth prospect as it battles rivals such as Google Inc. for advertising dollars.
BUSINESS
December 2, 2011 | From the St. Louis Post-Dispatch
Lee Enterprises Inc., the owner of the St. Louis Post-Dispatch and one of the largest newspaper publishers in the country, announced Friday that it will file for bankruptcy on or about Dec. 12 after efforts to work out an out-of-court refinancing deal with its lenders failed. In a news release, Lee Enterprises, based in Davenport, Iowa, said that filing a "prepackaged" Chapter 11 bankruptcy plan would allow the company to restructure its debts and exit bankruptcy in sixty days or less.
BUSINESS
February 8, 2005 | From Bloomberg News
Pulitzer Inc., the newspaper company that agreed to be bought by Lee Enterprises Inc. last month, was sued by a shareholder who claimed the $1.41-billion purchase price was too low. The lawsuit filed by Todd Veeck in Delaware Chancery Court said Lee's offer of $64 a share for Pulitzer, owner of the St. Louis Post-Dispatch, is "unfair and inadequate." The complaint, filed Jan. 31, the same day the deal was announced, seeks to block the purchase, which Lee says will be completed by May 31.
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