When Michael Pulitzer announced that Pulitzer Inc. had been sold to Iowa-based Lee Enterprises, Inc., the news sounded more like a storybook wedding than a $1.46 billion business deal. "Lee and Pulitzer share similar cultures and values," Pulitzer stated in a January 30 press release. "[W]e couldn't have found a better steward to continue Pulitzer's 125-year legacy of...
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By Bill Greenblatt/UPI
Post-Dispatch publisher Terrance C.Z. Egger
(left) and Pulitzer Inc. president and CEO Robert
Woodworth announce the sale of the company to Lee
Enterprises, Inc. SEC filings indicate that Egger holds
roughly $9.3 million in Pulitzer stock, Woodworth an
estimated $25 million.