M&A Deal Summary

Lee Enterprises Acquires Sioux City Newspapers

On July 1, 2002, Lee Enterprises acquired media company Sioux City Newspapers

Acquisition Highlights
  • This is Lee Enterprises’ 1st transaction in the Media sector.
  • This is Lee Enterprises’ 1st transaction in the United States.
  • This is Lee Enterprises’ 1st transaction in Iowa.

M&A Deal Summary
Date 2002-07-01
Target Sioux City Newspapers
Sector Media
Buyer(s) Lee Enterprises
Deal Type Add-on Acquisition

Target

Sioux City Newspapers

Sioux City, Iowa, United States
website
Sioux City Newspapers, Inc. is a provider of online journal on news, business, entertainment, living, opinion.

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Buyer(S) 1

Buyer

Lee Enterprises

Davenport, Iowa, United States

website

Category Company
Founded 1890
Sector Publishing
Employees3,577
Revenue 781M USD (2022)
DESCRIPTION

Lee Enterprises is a provider of local news, information and advertising in primarily midsize markets, with 46 daily newspapers and a joint interest in four others, along with rapidly growing digital products and nearly 300 specialty publications in 22 states. Lee Enterprises was founded in 1890 and is based in Davenport, Iowa.

DEAL STATS #
Overall 1 of 5
Sector (Media) 1 of 1
Type (Add-on Acquisition) 1 of 2
State (Iowa) 1 of 1
Country (United States) 1 of 5
Year (2002) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-06-19 Small Newspaper Group

Moline, Illinois, United States

Small Newspaper Group (Dispatch-Argus) is a publisher seven mornings a week, with a combined average daily circulation of more than 25,000.

Buy $7M
Mergr

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