The announcement comes as the publisher of The Philadelphia Inquirer and The Miami Herald and 30 other papers is under pressure from at least two big shareholders to put the company up for sale."
Monday, November 14, 2005
Knight Ridder to Explore Possible Sale - New York Times
"Knight Ridder Inc., the nation's second biggest newspaper company, said Monday its board is working with longtime financial adviser Goldman Sachs & Co. to explore its strategic alternatives including a possible sale of the company to boost its value for its shareholders.
The announcement comes as the publisher of The Philadelphia Inquirer and The Miami Herald and 30 other papers is under pressure from at least two big shareholders to put the company up for sale."
The announcement comes as the publisher of The Philadelphia Inquirer and The Miami Herald and 30 other papers is under pressure from at least two big shareholders to put the company up for sale."
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