Pantagraph | WGLT

Pantagraph

Jeff Roberson / AP

The parent company of the Pantagraph newspaper in Bloomington reported an increase in quarterly earnings Wednesday.

WGLT

The parent company of the Bloomington Pantagraph Newspaper says it has made substantial inroads in paying off its debt.

In the latest quarterly financial reports, Lee Enterprises says it continues to use all its available cash to reduce debt, more than sixteen million dollars in the last quarter and eighty six million dollars in the first three quarters of the year. Lee still owes more than 640 million dollars.