Hedge fund says present board ‘lacks the expertise and dedication’
Newspaper chain Lee Enterprises is asking its shareholders to assist it battle off a hostile takeover supply from Alden International Capital. Lee owns the Omaha World Herald, seen above. (Related Press)
The Alden International Capital hedge fund is sending its personal attraction to shareholders of newspaper writer Lee Enterprises as a part of its marketing campaign to accumulate the corporate.
The New York-based hedge fund, which already is among the nation’s largest newspaper house owners, urged Lee shareholders Thursday to help two new