Tuesday, February 07, 2006
Gannett considering partnership with MediaNews in possible Knight Ridder sale
MediaNews Group is discussing a possible alliance with Gannett, the nation's largest newspaper chain, to acquire Knight Ridder, the parent of the Akron Beacon Journal. MediaNews, the seventh-largest newspaper publisher, needs partners to finance a bid for Knight Ridder and has already teamed up with three private equity firms.
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