Elahe Izadi | الهه

Elahe Izadi | الهه @ElaheIzadi

Harris Kupperman, 2nd largest shareholder of Lee Enterprises (7.3%), writes to the board: "Let me be blunt. I simply do not understand what needs to be evaluated here. Alden’s proposed purchase price is clearly insufficient and opportunistic, grossly undervaluing the business." — PolitiTweet.org

Elahe Izadi | الهه @ElaheIzadi

Alden proposed $24/share. Kupperman writes: "I want to state in the clearest possible way that I emphatically refuse to tender any shares at $24, nor will I tender any shares at a price even remotely close to today’s price." Urges the board to reject Lee's offer. — PolitiTweet.org