Lee Enterprises Extends Limited-Duration Shareholder Rights Plan in Light of Hoffmann Letter

DAVENPORT, Iowa, March 26, 2025 (GLOBE NEWSWIRE) -- Lee Enterprises, Incorporated (NASDAQ:LEE) ("Lee" or the "Company") today announced that its Board of Directors (the "Board") has unanimously approved an amendment to the Company's existing shareholder rights plan (the "Rights Plan"), pursuant to which the expiration date of the Rights Plan was extended for one year from March 27, 2025 until March 27, 2026. Following the unsolicited expression of interest from The Hoffmann Family of Companies (together wit ...