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The Guardian - UK
The Guardian - UK
Business
Roy Greenslade

Another US publisher suspends dividends

Lee Enterprises, the US publisher of 56 dailies and more than 300 weekly publications, has suspended dividends and reached a new agreement with lenders to extend its credit line. The changes are similar to those obtained over the past two months by other US publishers, such as McClatchy, Belo Corporation and Morris Publishing. And next in line is likely to be Gannett, owner of Britain's Newsquest chain. (Via Forbes)

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