When asked if the franchise is for sale, he replied: “Everybody tells us no.” ...

The founder of the Hoffmann Family of Cos. has been named chairman of Lee Enterprises after $50 million stock purchase.

In an interview after the event, David Hoffmann said he has not talked with the Dewitt family about his interest in the ...

David Hoffmann now controls 53% of Lee Enterprises after $50 million in investments. He'll change the Post-Dispatch, which is ...

Hoffmann had a few investment flops like an e-bike firm founded with automotive legend Lee Iacocca. Then he changed his strategy and now has stakes in 125 companies.

Lee Enterprises, Incorporated (the 'Company” and Nasdaq: LEE) today announced that it has closed its previously announced $50 million strategic equity private placement. The investment was led by ...

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 ...

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.

When David Hoffmann and his wife Jerri purchased an estate in Naples in 2025, it set a record. The record was quickly broken.

Fenway Sports Group has agreed to sell the Pittsburgh Penguins to the Hoffman family, ESPN reports. While the exact sale price was not confirmed, league sources say they expect the sale price to range ...

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 ...