DeKalb Publisher Buy Pulitzer Papers

The $1.46 billion deal creates the nation's fourth-largest newspaper publisher.

Lee, which operates 44 daily newspapers, will pay $64 per share in cash for all of Pulitzer's holdings, which include 14 daily newspapers.

Among the newspapers being sold are two in Illinois, the Bloomington Pantagraph and the DeKalb Daily Chronicle.

23 WIFR 2523 North Meridian Road Rockford, IL. 61101 Business: 815-987-5300 Fax: 815-965-0981 News: 815-987-5330 Fax: 815-987-5333
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