Detroit Legal News Publishing LLC Revised Operating Agreement

Updated Detroit Legal News Publishing, LLC (DLNP) Operating Agreement

As previously announced on December 1, 2020, DLNP purchased and redeemed the membership interest of BridgeTower Media DLN, LLC f/k/a Dolan DLN LLC (“Gannett/Bridge/Tower”)on November 30, 2020. After the redemption, DLNP owns 84.62% of DLNP and Legal Press, LLC owns the remaining 15.38%. The two parties then began negotiating a revised operating agreement reflecting the redemption of Gannett/BridgeTower’s ownership. This revised agreement was executed by those parties on February 25, 2021.