Newspaper industry

Knight Ridder not likely to find buyer

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Alan Gardner November 3, 2005 1 minute 0 comments

In a follow up story from yesterday, Knight Ridder has been urged to sell itself, but so far the pool of suitors is, well, not pooling.

The nation’s second-largest newspaper publisher was effectively put on the block Tuesday, after its largest shareholder urged it to sell itself. But rival newspaper companies and private-equity firms aren’t likely to rush in with bids, Wall Street analysts say.

Update: This article from the Wall Street Journal speculates that perhaps there are potential buyers out there – perhaps even Google or Yahoo.