Cannell Capital Recommends Shareholders to Vote Against the Lee Enterprises' Nominees
January 28, 2019 at 04:57 pm
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On January 23, 2019, Cannell Capital LLC announced that it has sent a letter to the shareholders of Lee Enterprises, Inc and recommended the shareholders to vote against the Company's Board nominees: Mary E.Junk, Herbert W. Moloney, and Kevin D.Mowbray.
Lee Enterprises, Incorporated is a provider of local news and information in the markets it serves with digital subscription and advertising platforms. The Companyâs product portfolio includes digital subscription platforms, daily, weekly and monthly newspapers and niche publications, all delivering original local news and information. The Companyâs products offer print and digital editions, and its content and advertising are available in real time through its websites and mobile apps. It operates in predominately mid-sized communities with products ranging from daily newspapers and associated digital products, such as the St. Louis Post-Dispatch and The Buffalo News, to non-daily newspapers with news websites and digital platforms serving smaller communities. The Company is focused on three categories: subscriptions to its product offerings, advertising and marketing solutions to local advertisers, and digital services to a diverse set of customers.
LEE ENTERPRISES, INCORPORATED 
