Knight Ridder in talks with potential buyers
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From the San Jose Mercury News comes news that Knight Ridder has concluded a round of talks with potential buyers.
Knight Ridder on Thursday concluded two days of meetings with a trio of private equity firms interested in buying the San Jose newspaper company, which put itself up for sale at the urging of three major shareholders.
Thursday’s meeting ends the third week of presentations about Knight Ridder to interested parties. This week, Knight Ridder executives met with the Blackstone Group, Providence Equity Partners and Kohlberg Kravis Roberts.
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