Newspaper publisher Lee Enterprises is facing renewed pressure from a hedge fund to speed up its transition to digital publishing and consider adding new digital-savvy leaders to its board.

Three directors at newspaper publisher Lee Enterprises have been reelected over the objections of the hedge fund that has been trying to buy the company since last fall.

A judge has cleared the way for newspaper publisher Lee Enterprises to use a voting system that will ensure two longtime directors are reelected at its upcoming annual meeting despite the objections of a hedge fund that is trying to buy the company.

Lee Enterprises effort to repel a hostile takeover got a boost this week when a judge ruled the newspaper publisher could ignore two director nominations from the Alden Global Capital hedge fund.

The Alden Global Capital hedge fund is sending its own appeal to shareholders of newspaper publisher Lee Enterprises as part of its campaign to acquire the company.

Newspaper publisher Lee Enterprises has rejected a takeover offer from the Alden Global Capital hedge fund that is one of the largest newspaper owners in the country with a reputation for intense cost cuts and layoffs.

Roanoke’s newspaper now has fewer people working to give you the news.

ROANOKE, Va – After more than a century in its current building on Campbell Avenue, the Roanoke Times is now looking for a new home. Staff at the Western Virginia Historical Society say the building is a community staple. Journalists with the Roanoke Times unionized last year to form the Timesland Guild in hopes of advocating for better wages and benefits. Ultimately, it was Berkshire Hathaway’s decision to sell the building, but the journalists of the Timesland Guild say they will continue to serve the Roanoke community. The staff at the Roanoke Times have been told they will find a new place to work from and relocate once the current building is sold.