Lee Enterprises, Incorporated
LEE has received notification that it has returned to compliance
with the New York Stock Exchange's share price standard.
In a letter dated February 17, 2012, the NYSE confirmed that Lee is
again in compliance with its standard requiring listed companies to
maintain an average closing price of at least $1.00 per share over 30
consecutive days of trading.
Mary Junck, Lee chairman and chief executive officer, said: "As we
expected, investor sentiment has improved with the implementation of our
refinancing agreements on January 30. We appreciate the confidence of
our stockholders as we advance our many initiatives to drive revenue,
build even larger audiences and resume overall growth."
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