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Alden says it does not foresee regulatory issues that could complicate a deal. It already owns 6% of Lee’s stock and is proposing to buy the rest for $24 a share. In a news release Monday, Alden said it sent Lee’s board a letter with the offer. With the country watching this weekend, Ban Johnson provides a perfect platform for this program to announce itself as one of the flagship programs of Division III basketball and its intentions of being in the national championship conversation again this season.Hedge fund Alden Global Capital, one of the country’s largest newspaper owners with a reputation for intense cost cuts and layoffs, has offered to buy the local newspaper chain Lee Enterprises for about $141 million. This program and this community have earned the right to play host to this event again. There are few tougher venues for visiting teams to play in. Ban Johnson Arena has become one of the premier venues in Division III basketball, known for the feeling of having fans right on top of the action and for possessing one of the noisiest fan bases in college basketball.
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The hometown Pioneers are loaded with talent and depth across the board and are aiming for another OAC championship and a deep NCAA Tournament run this year. It’s a team built on defensive excellence and will be a challenge for the Pioneers on both ends of the court. Buzz Anthony (1st team All-American) is arguably the nation’s best guard and has 6-foot-5 forward Miles Mallory (1st team All-American) to feed down low.
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Randolph-Macon comes to Marietta from Richmond, Virginia, and brings back a wealth of talent from an unbeaten team a year ago.
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Saturday night features an opportunity the Pioneers have never seen in the program’s history: the chance to host the #1 team in the country on their home floor.
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Davidson also holds the NCAA record for the most consecutive free throw shots made - an astounding 95 free throw shots. Wabash brings a wealth of experience to Marietta including senior Jack Davidson, point guard and 2019 National Association of Basketball Coaches (NABC) Great Lakes Player of the Year. The rivalry between the Ohio Athletic Conference (OAC) and NCAC is deep and long and has featured a number of classic matchups over the years and Friday promises another riveting chapter. Friday night features a match up with the North Coast Athletic Conference (NCAC) co-favorite in Wabash College. Success won’t come easy this weekend for the highly ranked, experienced Pioneers squad. Individual talent will also be on display this weekend as four of the Preseason All-American Team will be in town including the Pioneers’ own Jason Ellis. In addition, six of the eight teams involved received votes in the Preseason Top 25 and three are in the national Top 15 (#13 Emory, #3 Marietta, and #1 Randolph-Macon). The event was created to match up four of the best teams from the Great Lakes Region with four of the best programs from the rest of the country. In town this weekend are eight of the country’s best programs (including the national #1) for the crown jewel event of the Division III calendar.