Lee Enterprises (LEE) Comments on Purported Director Nominations from Alden
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 4/25/2024
- Wall Street stocks fall as weak GDP growth spreads rate-cut gloom
- Q1 US GDP shows surprise slowing and uncomfortable inflation
- Alphabet (GOOGL) soars 16% on Q1 results beat, first-ever dividend
- Meta shares dip on softer Q2 revenue guidance, elevated AI spending plans
- Oil settles higher as weak U.S. economic growth offset by supply concerns
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Hasbro (HAS) brand strength sees earnings top expectations
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Rubrik (RBRK) Prices Upsized 23.5M Share IPO at $32/sh
- After-hours movers: Alphabet, Microsoft, Snap, Intel, and more
- Midday movers: Meta, IBM, Caterpillar fall; Chipotle rises
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
Lee Enterprises Comments on Purported Director Nominations from Alden
November 29, 2021 7:00 AM ESTDAVENPORT, Iowa--(BUSINESS WIRE)-- Lee Enterprises, Incorporated (NASDAQ: LEE) (Lee or the Company) today commented on the purported notice submitted by Alden Global Capital, LLC (together with its affiliates, Alden) seeking to nominate three candidates to stand for election to Lees Board of Directors at the Companys 2022 Annual Meeting. Lee issued the following statement in response:
Early last week, Lee promptly and properly denied a request from Alden seeking certain nomination materials because Alden failed to comply with the clear and substantive requirements of Lees bylaws. Alden did not subsequently submit a revised... More
