YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
Florida hedge fund Alden Global Capital reportedly has dropped its bid to buy St. Louis Post-Dispatch parent Lee Enterprises.
In November 2021, Alden offered $24 per share for Lee. The latter company is now trading at around $18 per share.
One media report indicated the bid is being abandoned "at least for now, in part due to rising interest rates and a tougher market to finance deals."
Read more from the St. Louis Business Journal.
This installment of Springfield Business Journal’s Architects & Engineers Project Report showcases 26 endeavors by area design and engineering professionals.
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