Tuesday, December 23, 2008

Newsosaur examines Lee's debt

Newsosaur Alan Mutter has a post on Lee's debt. As Mutter points out, Lee is worth about $13.5 million. Before buying the Pulitzer chain, Lee was worth $1.5 billion, then borrowed almost that much to get the Pulitzer papers.

Of course, we're still waiting to see what will happen with that annual report.

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