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KR board member might be distracted

Knight Ridder’s 10-member board of directors will decide within a couple of weeks whether to sell the company, but one of those directors might be a bit distracted during the decision-making process. KR director Mark Ernst (pictured) is also president and CEO of H&R Block, which is in trouble for — of all things — making a $32 million error on its own tax returns. Block’s stock tumbled 9% yesterday.

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