David Hoffmann building newspaper empire with stakes in Lee Enterprises, DallasNews – WSJ

David Hoffmann building newspaper empire with stakes in Lee Enterprises, DallasNews – WSJ

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Florida billionaire David Hoffmann has raised his stake in Lee Enterprises (NASDAQ:LEE) to eight.7% from a 5.2% stake and in addition disclosed a brand new 5% stake in DallasNews (NASDAQ:DALN), in a bid to create the second-largest newspaper group

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