Florida billionaire David Hoffmann continued his streak of investing in local newspapers Tuesday with a $50 million controlling stake in media giant Lee Enterprises. The transaction will see the ...

Lee Enterprises has announced a compromise with the billionaire investor who tried to take over the nation's third-largest ...

In 2026, Advance STL is focused on one central question: does the St. Louis region have the appetite to take big swings?

David Hoffmann invests $35M in Lee Enterprises, set to become chairman, as the company targets growth and digital transitions.

Billionaire David Hoffmann is investing $35 million in Lee Enterprises and taking over as board chair, a move that comes with significant changes in the company's leadership structure and a deal that ...

David Hoffmann, the Florida-based billionaire and Missouri native, is leading a $50 million deal with the owner of The ...

The Hoffmann family, led by Naples billionaire David Hoffmann, has agreed in principle to buy the NHL's Pittsburgh Penguins from the Fenway Sports Group, according to ESPN and New York Times reports.

Lee Enterprises announced a compromise Tuesday with billionaire investor David Hoffmann, who offered to take over the nation's third-largest newspaper chain this year, to help stabilize the company's ...

ST. LOUIS — David Hoffmann is poised to become chairman of St. Louis Post-Dispatch owner Lee Enterprises after investing $35 million in the company, giving him a far greater stake in the newspaper ...

Lee Enterprises announced a compromise Tuesday with billionaire investor David Hoffmann, who offered to take over the nation's third-largest newspaper chain this year, to help stabilize the company's ...