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Knight Ridder Investor: Get Rid Of The Papers

Another big media company, newspaper giant Knight Ridder, is facing pressure from its largest shareholder to restructure the company. Money market management firm Private Capital Management is pushing Knight Ridder, publisher of 32 major dailies including The Miami Herald and The Philadelphia Inquirer, to put itself up for sale, reports another newspaper, The New York Times.

Read the whole story at The New York Times »

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