Pulitzer (NYSE:PTZ)
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Pulitzer Stockholders Adopt Merger Agreement
NEW YORK, June 3 /PRNewswire-FirstCall/ -- Pulitzer Inc. (NYSE:PTZ) today
announced that, at a special meeting of stockholders held today, its
stockholders adopted the Agreement and Plan of Merger for Lee Enterprises,
Incorporated's (NYSE:LEE) proposed acquisition of Pulitzer. The transaction is
expected to close today or as soon as practicable thereafter.
Under the terms of the agreement dated January 29, 2005, and approved by the
Boards of Directors of both companies, Lee will acquire Pulitzer's 14 daily
newspapers and over 100 non-daily publications.
Pulitzer Inc., through various subsidiaries and affiliated entities, is engaged
in newspaper publishing and related new media activities. The Company's
newspaper operations include two major metropolitan dailies, the St. Louis
Post-Dispatch and the Arizona Daily Star in Tucson, Ariz., and, through its
Pulitzer Newspapers, Inc. (PNI) subsidiary, 12 other dailies and more than 65
weekly newspapers, shoppers, and niche publications. The PNI dailies are The
Pantagraph, Bloomington, Ill.; The Daily Herald, Provo, Utah; the Santa Maria
Times, Santa Maria, Calif.; The Napa Valley Register, Napa, Calif.; The World,
Coos Bay, Ore.; The Sentinel, Hanford, Calif.; the Arizona Daily Sun,
Flagstaff, Ariz.; the Daily Chronicle, DeKalb, Ill.; The Garden Island, Lihue,
Hawaii; the Daily Journal, Park Hills, Mo.; The Lompoc Record, Lompoc, Calif.;
and The Daily News, Rhinelander, Wis. The Company's newspaper operations also
include the Suburban Journals of Greater St. Louis, a group of 36 weekly papers
and various niche publications.
DATASOURCE: Pulitzer Inc.
CONTACT: James V. Maloney, Director of Shareholder Relations of Pulitzer
Inc., +1-314-340-8402