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.

SF Press Club News

One Comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>