FRIDAY, DECEMBER 2, 2005
San Jose Mercury News
An alliance of private equity firms and the McClatchy newspaper group are both considering entering the running to buy Knight Ridder, report
Chris O'Brien and
Pete Carey. A Gannett board member tells them the company isn't planning at this time to bid on Knight Ridder. The first round of bids is due Dec. 9. Analyst
John Morton says any interest by McClatchy would probably be good news for KR newspapers and employees. "They wouldn't come in and wreck the place."
>
In the Twin Cities, McClatchy's ownership of the Star Tribune likely would make it impossible for McClatchy to acquire the Pioneer Press and either merge the two papers or shut one down, experts said Thursday.
(St. Paul Pioneer Press)
>
"Financial analysts be damned," writes Philadelphia Daily News columnist
Jill Porter. "We're not going without a fight."
(Philly Daily News)Posted at 10:21:12 AM
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