FRIDAY, MAY 12, 2006
Editor & Publisher
Knight Ridder's proxy statement gives outsiders for the first time an in-depth look at how investors forced the sale of the chain and how the bidding process worked, reports
Jennifer Saba. "It discloses that a total of 34 groups expressed an interest in the company at some point, although the vast majority appeared to be halfhearted -- and the McClatchy offer was really the only credible one. In general, the document shows that the sales effort started earlier than most believe." || Related
story.
Posted at 8:13:49 AM
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