Lee Enterprises Announces Strategic Investment and Board-Led Transition

DAVENPORT, Iowa, Dec. 30, 2025 (GLOBE NEWSWIRE) -- Lee Enterprises, Incorporated (the “Company” and Nasdaq: LEE) today announced that it has entered into a definitive stock purchase agreement for a $50 million strategic equity investment in the Company’s common stock. The investment is led by David Hoffmann (“Hoffmann”), with participation from other existing investors in the Company, providing the Company with committed capital and a strengthened financial and governance foundation as it moves into its next phase.