MediaNews Likely Bidder for Former Knight Ridder Papers

MEDIANEWS LIKELY BIDDER FOR FORMER KNIGHT RIDDER PAPERS
[SOURCE: Los Angeles Times, AUTHOR: Joseph Menn]
MediaNews sells about 900,000 papers a day in California -- more than any other company. The company emerged as a likely bidder for at least some of the 12 papers that McClatchy Co. of Sacramento plans to sell as part of its acquisition of Knight Ridder. The dozen include the San Jose Mercury News, the Monterey County Herald and the Contra Costa Times, which have a combined daily circulation of about 480,000. Critics say MediaNews bleeds newspapers of money and talent, all but stealing their souls to pump up profit.
http://www.latimes.com/news/printedition/front/la-fi-singleton22mar22,1,3078254.story?coll=la-headlines-frontpage
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