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Why won’t some people pay for news?
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What We’re Reading
We keep an eye out for the most interesting stories about Labby subjects: digital media, startups, the web, journalism, strategy, and more. Here’s some of what we’ve seen lately.
St. Louis Post-Dispatch / Austin Huguelet / Dec 5
Alden “appeared hopeful for a speedy takeover after making its $141 million, or $24 per share, offer for Lee on Nov. 22. It noted that figure represented about a 30 percent premium over the previous day’s market close…But in the past two weeks, Lee shares have risen above $24, putting pressure on Alden to raise its offer.”
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