Money

Hedge fund Alden Global Capital proposes purchase of Lee Enterprises, parent of Wisconsin State Journal

The Wisconsin State Journal issue for November 22, 2021. WISC-TV/Channel3000.MADISON, Wis. — Hedge fund Alden Global Capital on Monday announced a non-binding offer to buy newspaper company Lee Enterprises, the owner of the Wisconsin State Journal and more than half a dozen other papers in the state. In a news release, Alden offered Lee $24 per share in cash, a…

Gov. Evers hails tourism rebound, announces local investments

RICHLAND CENTER, Wis. – Governor Tony Evers says Wisconsin tourism is bouncing back as pandemic restrictions lift. At an event in Richland Center Wednesday, Evers touted the industry, which was valued at $17.3 billion in the state last year. September was the first month since the pandemic to bring in more money than the same month in 2019. “That’s a…