FILE – A pressman grabs a freshly printed paper off the press at the St. Louis Post-Dispatch’s printing facility in Maryland Heights, Mo. in this Nov. 11, 2008 file photo. Newspaper publisher Lee Enterprises has rejected a takeover offer from the Alden Global Capital hedge fund that is one of the largest newspaper owners in the country with a reputation for intense cost cuts and layoffs. Lee said Thursday, Dec. 9, 2021 that its board unanimously rejected Alden’s offer to buy the company for $24 per share or about $141 million because it “grossly undervalues” Lee. (Jeff Roberson/AP)
