Davenport-based Lee Enterprises announced the sale this morning (8/22) of its Provo, Utah daily newspaper and online news site to Ogden Newspapers, Inc., a privately owned West Virginia company which owns more than 40 daily newspapers, has majority ownership in the Pittsburg Pirates baseball team, and publishes Mother Earth News and Unte Reader magazines.
The sale of one of Iowa’s largest nursing home chains has reportedly been completed, with 29 care facilities now in the hands of a private equity firm.
The state of Iowa has suspended $47,500 in fines against a southwest Iowa nursing home cited for inadequate staffing and the physical and verbal abuse of residents.
Lee Enterprises, Inc. – owner of the QC Times and Daily Dispatch/Argus – says it hit a "revenue inflection point" with more digital than print revenue in its third quarter.
But despite the transition milestone in digital revenue, the company lost $3.7 million (73 cents per share) during... more