Hoffmann had a few investment flops like an e-bike firm founded with automotive legend Lee Iacocca. Then he changed his strategy and now has stakes in 125 companies.

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.

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 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 ...

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 ...

There are more ways to get control of a national publishing company than one. Lee Enterprises, which last year fought off an effort by David Hoffmann and the Hoffmann Family of Companies, has ...