Tuesday, May 30, 2006
Tomorrow the Deadline for Knight Ridder Bids
Reports are saying that tomorrow, Wednesday, May 31, is the deadline for submissions to McClatchy for any or all of the remaining orphan KR properties. You can view the stories at the Wilkes-Barre Times Leader and the Akron Beacon Journal.
The following is from the Aberdeen American News:
MORE: Editor & Publisher reports that Securities and Exchange Commission filings by Knight Ridder indicate the sale of KR to McClatchy will close by June 27.
Bidders for the paper, as well as the five other Knight Ridder papers still up for sale, are expected to submit offers by Wednesday, McClatchy CEO Gary Pruitt told the Sacramento Bee. There's no date set for when the identity of the buyer will be released to the public.