Newspaper Chain Lee Enterprises Seeks to Avoid Bankruptcy

Bloomberg News reports on newspaper chain Lee Enterprises:

https://i0.wp.com/upload.wikimedia.org/wikipedia/en/thumb/6/69/Peoria_Journal_Star_front_page.jpg/225px-Peoria_Journal_Star_front_page.jpg

Lee Enterprises Inc. is offering lenders higher rates of interest and equity in the company to refinance debt as the newspaper chain seeks to avoid bankruptcy, according to four sources familiar with the matter, Bloomberg News reported.

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1 Comment

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One response to “Newspaper Chain Lee Enterprises Seeks to Avoid Bankruptcy

  1. Jack the Clicker

    NEWSPAPERS? Like on porches?? They still DO THAT?!?

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