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.
Tuesday, December 23, 2008
Newsosaur examines Lee's debt
Posted by
Lee Watch
at
2:01 PM
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Labels:
Alan Mutter,
debt,
Lee Enterprises
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