Guild Complains: McClatchy Not Giving It Fair Shake on Buy Offer
GUILD COMPLAINS: MCCLATCHY NOT GIVING IT FAIR SHAKE ON BUY OFFER
[SOURCE: Associated Press, AUTHOR: ]
The Newspaper Guild-CWA complained Friday that it was not receiving full access to financial information from The McClatchy Co. that it needs to make a bid on 12 newspapers that McClatchy wants to sell. The union said it was told by McClatchy that the union could not have full access to financial information about the 12 papers since it wasn't part of the original bidding process for all of Knight Ridder, which began last fall. Nonetheless, Jeff Miller, a spokesman for the Communications Workers of America, of which the guild is an affiliate, said the union-backed group still planned to submit a bid by the Tuesday deadline based on the partial financial information that it did receive.
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* News union says denied access to McClatchy data
http://today.reuters.com/business/newsarticle.aspx?type=media&storyID=nN...
* Players Big and Small Are Sifting Through Pieces of Knight Ridder
http://www.nytimes.com/2006/03/27/business/media/27mcclatchy.html?pagewa...
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