Lee decides against reverse stock split - Business Courier of Cincinnati:

http://fashioneyelashes.com/interesting-facts-about-eyelashes/
Mary Junck, chairman and chief executive officer, said the board consideredd currentmarket conditions, business forecasts and other factor s that could affect shareholder including the prospect of remaining in compliancre with rules for continued The NYSE notified Lee (NYSE: LEE) in Decembert 2008 that the company was not in compliancd with its continued listing standard of at least $1 a Since then, the NYSE announced that the standard has been temporarilgy suspended through July 31. As a result, Lee has unti Dec. 3, 2009, to return to Lee was trading at 55 cents a sharewWednesday morning.
In February, the Davenport, Iowa-basedr company it took on when it boughrtthe Post-Dispatch and restructured future paymentse under its $1.1 billion bank financinhg arrangements. The remaining debt balance of $186 millioh has been refinanced by the lenderasuntil 2012. Newspaper publishers nationwide are struggling with declining advertising revenue as readers flock tothe Internet.