New Suitor Emerges for Knight Ridder
MediaNews Group shows an interest in the Knight Ridder newpaper chain, sparking a volatile mix of old and new world views.News publisher MediaNews Group has emerged as a candidate to buy Knight Ridder, an elite U.S. newspaper chain, a source said. The interest by MNG came to light after CEO Dean Singleton was spotted inspecting the offices of the San Jose Mercury News, which is owned by Knight Ridder, according to a witness of the San Jose visit.
MNGs apparent interest in buying Knight Ridder could have a significant impact on enterprises. The combo, for instance, could force some businesses to rethink where to advertise, and what type of technology is used to do so.