Lee Enterprises Tries to Ward off Hostile Takeover by Alden

DAVENPORT, Iowa (AP) — The Lee Enterprises newspaper chain, the parent company of the St. Louis Post-Dispatch, has adopted a “poison-pill” plan to protect itself from a hostile takeover while it considers an unsolicited offer from hedge fund Alden Global Capital to buy Lee for $24 a share. The plan would take effect if Alden…