Lee Enterprises seeks approval for reverse stock split
February 7th, 2012
Lee Enterprises Inc. is seeking shareholder approval for a reverse stock split that would combine up to five shares into one, the St. Louis Post-Dispatch reports. Davenport, Iowa-based Lee Enterprises Inc., owner of the St. Louis Post-Dispatch, filed a proxy statement Monday that outlined the proposal, which shareholders will have six weeks to vote on.
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