Lee Enterprises buys Times

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Lee Enterprises buys Times - ii- il in The Times sold to Lee Enterprises...
ii- il in The Times sold to Lee Enterprises Iowa-based corporation also gets 15 other papers in $694 million deal. BY ANDREA HOLECEK Times Business Writer In a deal valued at nearly $700 million, Lee Enterprises announced Tuesday it will, acquire The Times and the 15 other daily newspapers owned by Howard Publications. The sale ends Howard's association with Northwest Indiana that began in 1962. It will not, Lee executives stressed Tuesday, end The Times' commitment to the aggressive reporting of local news. The sale is expected to be completed around April 1 and will give Lee ownership in 38 daily newspapers and a joint interest in six others for a total circulation of 1.1 million daily and 1.2 million on Sundays. The move will make Davenport, Iowa-based Lee the 12th-largest daily newspaper owner in the country. See TIMES, All Mary Junck CEO of Lee Enterprises r i William Howard Retired Times publisher Howard reflects Under family ownership, The Times grew quickly, moving to follow its readers and embrace technology. El

Clipped from
  1. The Times,
  2. 13 Feb 2002, Wed,
  3. Main Edition,
  4. Page 1

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