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.

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 ...

The Fenway Sports Group and the Hoffmann Family confirmed Friday, Dec. 19, through a joint announcement that they have an agreement for the Hoffmanns to buy a controlling interest in the Pittsburgh ...