WEDNESDAY, JULY 11, 2007
Bloomberg.com
Jonathan Weil says the market has rendered an early verdict on the Knight Ridder deal, but McClatchy's financial statements don't reflect it. As of April 1, McClatchy showed $3.59 billion of the intangible asset known as goodwill -- more than its shareholder equity of $3.15 billion and more than its current market capitalization of $2.2 billion.
Posted at 9:47:25 AM
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