Lee Enterprises CEO Kevin Mowbray retires after 39 years as $50M PIPE deal closes. CFO also departed. Hoffmann now controls 52% of newspaper chain.

Lee Enterprises CEO and CFO Exit as Billionaire David Hoffmann Completes $50M Takeover

Lee Enterprises stockholders approve $50M PIPE deal giving David Hoffmann 52% control. Interest savings of $18M annually as newspaper chain changes hands.

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Recent News about LEE ENTERPRISES

Lee Enterprises CEO and CFO Exit as Billionaire David Hoffmann Completes $50M Takeover

Lee Enterprises Stockholders Approve $50M PIPE Deal, Hand Control to Billionaire David Hoffmann