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LEE 资讯
LEE 事件
Lee Enterprises Appoints Gregory Hoffmann to Board of Directors
Lee Enterprises announced that its Board of Directors has appointed Gregory Hoffmann to the Board, effective immediately. Hoffmann will serve until the Company's 2028 annual meeting of stockholders and has been appointed to the Board's Nominating and Corporate Governance Committee.
Lee Enterprises Acquires Publications in South Dakota and Montana
Lee Enterprises, Incorporated (LEE) and USA TODAY (TDAY) announced strategic agreements that signal an exciting next chapter for both organizations, effective immediately. Lee Enterprises will acquire publications in South Dakota and Montana respectively to include the Sioux Falls Argus Leader, the Aberdeen American News, the Watertown Public Opinion and the Great Falls Tribune. Lee Enterprises maintains a strong footprint across Montana through the Billings Gazette, Independent Record, Missoulian, The Montana Standard and Ravalli Republic, as well as the Rapid City Journal in South Dakota. The agreements also conclude TNI Partners, the joint venture involving the Arizona Daily Star, where Lee Enterprises led the Arizona Daily Star's newsroom, production and related technology operations, while USA TODAY Co. managed advertising and sales, accounting and finance functions. USA TODAY Co. will assume full ownership and operations of the Arizona Daily Star. This marks the beginning of a new chapter for local journalism and community engagement across Arizona where USA TODAY Co. owns The Arizona Republic.
Lee Enterprises Appoints Nathan Bekke as CEO
Nathan Bekke, president and interim CEO, has been named president and CEO of Lee Enterprises. Concurrently, Josh Rinehults, VP, interim CFO and treasurer, has been named VP, CFO and treasurer. The board of directors unanimously approved both appointments. Bekke and Rinehults have served in their interim roles since the closing of the company's strategic investment in February.
Lee Enterprises Files to Sell 15.4M Shares of Common Stock
Lee Enterprises files to sell 15.4M shares of common stock for holders
Company Debt at $455M, Interest Rate Reduced to 5%
The company said, "The Company has $455M of debt outstanding under our Credit Agreement with BH Finance. The financing has favorable terms including a 25-year maturity, a fixed annual interest rate of 9.0%, no fixed principal payments, and no financial performance covenants. The $50M private placement of common stock closed in February 2026, which made operative certain amendments to the Credit Agreement with BH Finance, resulting in the fixed annual interest dropping to 5% from 9% for a five-year period. As of and for the period ended December 28, 2025: The principal amount of debt totaled $455M. Cash on the balance sheet totaled $13M. Debt, net of cash on the balance sheet, totaled $443M. Capital expenditures totaled $1M for the quarter. We expect up to $5M of capital expenditures in FY26. We expect cash paid for income taxes to total between $2M and $8M in FY26. We do not expect any pension contributions in the fiscal year. The Company is executing a strategic termination of our fully funded benefit pension plan, eliminating the long-term volatility tied to interest rate movement, mortality assumptions and asset performance, while preserving participant benefits and improving balance sheet flexibility."
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