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 5Alden “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.” —
Tags:
Alden Global Capital,
consolidation,
lee enterprises,
newspaper chains
