Quint Digital Limited

India online media company buys 10 percent stake in Davenport-based Lee Enterprises, Inc.

An India online media company, Quint Digital Limited of Delhi, has purchased a 10 percent stake in Lee Enterprises, Inc., owner of the Quad City Times, the Dispatch/Argus and more than 70 other media properties.

Quint Digital and three of its owners, Raghav Bahl, Ritu Kapur and Vidar Bahl, purchased a total of 614,455 shares of Lee on Feb. 8. That represents 10 percent of Lee's outstanding common shares.

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