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May 15, 2008 9:38 AM
Back in March, newspaper publisher Lee Enterprises (NYSE: LEE) warned that it would take a $500-$700 million non-cash hit related to its $1.4 billion purchase of Pulitzer in 2005. We’d wondered previously when that would happen, given that all of the other newspaper deals have resulted in major writedowns. In…
Posted In: Media & Publishing, Newspapers, Money, Earnings, M&A & Venture Capital, Mergers & Acquisitions, lee enterprises, pulitzer
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