McClatchy to buy Knight-Ridder for $4.5 billion

3-13-2006 • Reuters

Newspaper publisher McClatchy Co. said it would buy larger rival Knight-Ridder Inc. for $4.5 billion in cash and stock, ending a search that put a spotlight on the health of the struggling US newspaper industry.

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McClatchy to buy Knight-Ridder for $4.5 billion

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