The NewsGuild-CWA is urging shareholders of Lee Enterprises to rebuff the latest moves by Alden Global Capital to take control of the company.
In a March 1 letter, NewsGuild President Jon Schleuss urged “fellow shareholders” to vote for three nominees to the board of directors recommended by Lee’s current board — and to reject a campaign by Alden Global Capital against two of them, Mary E. Junck and Herbert W. Maloney III. Alden’s campaign against Lee’s candidates follows a February ruling by the Delaware Chancery Court rejecting Alden’s attempt to nominate its own candidates for the board in violation of Lee’s bylaws.
Continue reading “NewsGuild to Lee Shareholders: Reject Alden’s ‘Vote No’ Campaign”