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Knight Ridder sale looks more likely

The sale of the newspaper chain Knight Ridder appears to be more likely than first thought, according to reports in
Editor & Publisher magazine and in the San Jose Mercury News,” a KR paper. Other KR papers locally include the Daily News group, Contra Costa Times and the Monterey Herald. Gannett, the nation’s largest newspaper company, and McClatchy, another large chain, have both expressed interest. The MediaNews Group of Colorado is also considering a deal, possibly teaming up with one or more private equity partners.

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