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Lee Enterprises
Lee Enterprises, Inc. is a publicly traded American media company. It publishes 72 daily newspapers in 25 states, and more than 350 weekly, classified, and specialty publications. Lee Enterprises was founded in 1890 by Alfred Wilson Lee and is based in Davenport, Iowa. The company also provides online services, including websites supporting its daily newspapers and other publications. Lee had more than 26 million unique web and mobile visitors monthly, with 229.1 million pages viewed. Lee became majority partner of TownNews.com in 1996; Town News creates software for newspaper publication purposes. The company offers commercial printing services to its customers. Lee Enterprises is currently the fourth largest newspaper group in the United States of America. The company acquired Howard Publications (16 daily newspapers) for $694 million in 2002 and Pulitzer, Inc. (14 daily, over 100 non-daily), for $1.5 billion in 2005. From January 2012 to April 2017, the company's executi ...
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Public Company
A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listing (finance), listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states and so have associations and formal designations, which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation, though a corporation need not be a public company. In the United Kin ...
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Alden Global Capital
Alden Global Capital is a hedge fund based in Manhattan, New York City. It was founded in 2007 by Randall D. Smith, and is a division of Smith Management LLC. Its managing director is Heath Freeman. By mid-2020, Alden had stakes in roughly two hundred American newspapers. The company added more newspapers to its portfolio in May 2021 when it purchased Tribune Publishing and became the second-largest newspaper publisher in the United States. The company operates its media holdings through Digital First Media, which it acquired in 2010 after DMG's parent company, MediaNews Group, declared bankruptcy. With its acquisition of Tribune Publishing in late May 2021, Alden is collectively the second-largest owner of newspapers in the United States, as calculated by average daily print circulation, second only to Gannett. In November 2021, Alden Global Capital made an offer to purchase Lee Enterprises for $24 a share in cash, or about $141 million. Lee owns daily newspapers in 77 markets ...
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Tulsa World
The ''Tulsa World'' is an American daily newspaper. It serves the city of Tulsa, Oklahoma, and is the primary newspaper for the northeastern and eastern portions of Oklahoma. The printed edition is the second-most circulated newspaper in the state, after ''The Oklahoman''. It was founded in 1905 and locally owned by the Lorton family for almost 100 years until February 2013, when it was sold to BH Media Group, a Berkshire Hathaway company controlled by Warren Buffett. The Tulsa World Media Company became part of Lee Enterprises in 2020. The paper was jointly operated with the '' Tulsa Tribune'' from 1941 to 1992. History Republican activist James F. McCoy and Kansas journalist J.R. Brady published the first edition of the ''Tulsa World'' on September 14, 1905 at the time Brady was starting ''Tulsa World'', he was also publishing the Indian Republican a weekly newspaper, which was previously edited by a con artist named Myron Boyle. Brady had bought the ''Indian Republican'' in ...
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Richmond Times-Dispatch
The ''Richmond Times-Dispatch'' (''RTD'' or ''TD'' for short) is the primary daily newspaper in Richmond, Virginia, and the primary newspaper of record for the state of Virginia. Circulation The ''Times-Dispatch'' has the second-highest circulation of any Virginia newspaper, after Norfolk's ''The Virginian-Pilot''. In addition to the Richmond area ( Petersburg, Chester, Hopewell, Colonial Heights and surrounding areas), the ''Times-Dispatch'' has substantial readership in Charlottesville, Lynchburg, and Waynesboro. As the primary paper of the state's capital, the ''Times-Dispatch'' serves as a newspaper of record for rural regions of the state that lack large local papers. The ''Times-Dispatch'' lists itself as "Virginia's News Leader" on its masthead. History and notable accomplishments Development Although the ''Richmond Compiler'' was published in Virginia's capital beginning in 1815, and merged with a later newspaper called ''The Times'', the ''Times and Compiler'' fa ...
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Omaha World-Herald
The ''Omaha World-Herald'' is a daily newspaper in the midwestern United States, the primary newspaper of the Omaha-Council Bluffs metropolitan area. It was locally owned from its founding in 1885 until 2020, when it was sold to the newspaper chain Lee Enterprises by its most recent local owner, Warren Buffett, chairman of Omaha-based Berkshire Hathaway. For more than a century it circulated daily throughout Nebraska — a state that is long. It also circulated daily throughout all of Iowa, and in parts of Kansas, South Dakota, Missouri, Colorado, and Wyoming. It retrenched during the 2008 financial crisis, ending far-flung circulation and restricting daily delivery to an area in Nebraska and Iowa within an approximately radius of Omaha. Background The newspaper was the world's last to print both daily morning and afternoon editions, a practice it ended in March 2016. The ''World-Herald'' was the largest employee-owned newspaper in the United States from 1979 until 2011 ...
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Bond (finance)
In finance, a bond is a type of Security (finance), security under which the issuer (debtor) owes the holder (creditor) a debt, and is obliged – depending on the terms – to provide cash flow to the creditor (e.g. repay the principal (i.e. amount borrowed) of the bond at the Maturity (finance), maturity date and interest (called the coupon (bond), coupon) over a specified amount of time.) The timing and the amount of cash flow provided varies, depending on the economic value that is emphasized upon, thus giving rise to different types of bonds. The interest is usually payable at fixed intervals: semiannual, annual, and less often at other periods. Thus, a bond is a form of loan or IOU. Bonds provide the borrower with external funds to finance long-term investments or, in the case of government bonds, to finance current expenditure. Bonds and Share capital, stocks are both Security (finance), securities, but the major difference between the two is that (capital) stockholders h ...
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Floating Interest Rate
A floating interest rate, also known as a variable or adjustable rate, refers to any type of debt instrument, such as a loan, Bond (finance), bond, mortgage loan, mortgage, or credit, that does not have a fixed interest, fixed rate of interest over the life of the instrument. Floating interest rates typically change based on a reference rate (a benchmark of any financial factor, such as the Consumer Price Index). One of the most common reference rates to use as the basis for applying floating interest rates is the Secure Overnight Financing Rate, or SOFR. The rate for such debt will usually be referred to as a Yield spread, spread or wikt:margin, margin over the base rate: for example, a five-year loan may be priced at the six-month SOFR + 2.50%. At the end of each six-month period, the rate for the following period will be based on the SOFR at that point (the reset date), plus the spread. The basis will be agreed between the borrower and lender, but 1, 3, 6 or 12 month money mar ...
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Arizona Daily Star
The ''Arizona Daily Star'' is an American daily newspaper based in Tucson, Arizona, and owned by Lee Enterprises. It serves Tucson and surrounding districts of Southern Arizona in the United States. History 1877–1925 L. C. Hughes was the Arizona Territory governor and founder of the ''Arizona Star'', in 1877. The precursor to the Arizona Daily Star was The Bulletin, the first daily newspaper published in Tucson. It was started March 1, 1877 by L.C. Hughes and Charles Tully, later publishers of The Star. The Bulletin was succeeded by The Arizona Tri-Weekly Star, under the same ownership March 29, 1877. The Arizona Weekly Star was established June 28, 1877. A.E. Fay became co-editor with L.C. Hughes July 5, 1877, and on Aug. 23 of the same year Fay became the sole proprietor. Hughes returned to The Star in January, 1879, first as co-publisher with Fay and a few months later as sole owner. On June 26 of the same year, The Arizona Daily Star was started. The first edition ha ...
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Form 13F
Form 13F is a quarterly report filed, per United States Securities and Exchange Commission regulations,Securities and Exchange Act of 1934
as amended
by " investment managers" with control over $100M in assets to the SEC, listing all equity .Form 13F — Report ...
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Goldman Sachs Group
The Goldman Sachs Group, Inc. ( ) is an American multinational investment bank and financial services company. Founded in 1869, Goldman Sachs is headquartered in Lower Manhattan in New York City, with regional headquarters in many international financial centers. Goldman Sachs is the second-largest investment bank in the world by revenue and is ranked 55th on the ''Fortune'' 500 list of the largest United States corporations by total revenue. In the Forbes Global 2000 of 2024, Goldman Sachs ranked 23rd. It is considered a systemically important financial institution by the Financial Stability Board. Goldman Sachs offers services in investment banking (advisory for mergers and acquisitions and restructuring), securities underwriting, prime brokerage, asset management, and wealth management. It is a market maker for many types of financial products and provides clearing and custodian bank services. It operates private-equity funds and hedge funds. It structures complex and t ...
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Berkshire Hathaway Inc
Berkshire Hathaway Inc. () is an American multinational conglomerate holding company headquartered in Omaha, Nebraska. Originally a textile manufacturer, the company transitioned into a conglomerate starting in 1965 under the management of chairman and CEO Warren Buffett and vice chairman Charlie Munger (from 1978 to 2023). Greg Abel now oversees most of the company's investments and has been named as Buffett's successor. Buffett personally owns 38.4% of the Class A voting shares of Berkshire Hathaway, representing a 15.1% overall economic interest in the company. The company is often compared to an investment fund; between 1965, when Buffett gained control of the company, and 2023, the company's shareholder returns amounted to a compound annual growth rate (CAGR) of 19.8% compared to a 10.2% CAGR for the S&P 500. However, in the 10 years ending in 2023, Berkshire Hathaway produced a CAGR of 11.8% for shareholders, compared to a 12.0% CAGR for the S&P 500. From 1965 to 2023, ...
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Warren Buffett
Warren Edward Buffett ( ; born August 30, 1930) is an American investor and philanthropist who currently serves as the chairman and CEO of the conglomerate holding company Berkshire Hathaway. As a result of his investment success, Buffett is one of the best-known investors in the world. According to ''Forbes'', as of May 2025, Buffett's estimated net worth stood at US$160.2 billion, making him the fifth-richest individual in the world. Buffett was born in Omaha, Nebraska. The son of U.S. congressman and businessman Howard Buffett, he developed an interest in business and investing during his youth. He entered the Wharton School of the University of Pennsylvania in 1947 before graduating from the University of Nebraska at 20. He went on to graduate from Columbia Business School, where he molded his investment philosophy around the concept of value investing pioneered by Benjamin Graham. He attended New York Institute of Finance to focus on his economics background and soon ...
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