Saturday, January 31, 2009

Waiver extended again -- due Feb. 6

Lee got another extension on that waiver on its $306 million debt from buying the Pulitzer papers. It was supposed to expire (again) on Friday. Now the company has until Feb. 6 to figure out something else or beg for another extension.

Still no word what the company plans to do when the notes on the Pulitzer purchase come due in April.

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