acleareye.com (Free subscription) | 09/04/2008
David Meerman Scott is a recovering VP marketing for two publicly traded technology companies and was also Asia Marketing Director for Knight-Ridder, at the time one of the world’s largest newspaper and electronic information companies. He is the author of...
Reflections of a Newsosaur (Free subscription) | yesterday
... shares were valued at $2.5 billion on the eve what proved to be the disastrous acquisition of Knight Ridder in 2006, its stock has fallen 88% since then to the point that it today is worth a comparatively meager $301.7 million.This makes the outstanding shares of MNI so cheap that the family, Gary Pruitt himself or anyone else could buy it without putting much more debt on the company than...
The Business Journal of the Greater Triad Aera (Free subscription) | 09/04/2008
... has a large debt load thanks to CEO Gary Pruitt’s decision to have McClatchy buy newspaper chain Knight Ridder in 2006, before the start of the pronounced industry slump.“He borrowed $2 billion to buy Knight Ridder, and then the world changed,” says McClatchy analyst Edward Atorino with Benchmark Capital in New York.Across McClatchy, advertising revenue in July was down 19.3 percent...
The Sacramento Business Journal (Free subscription) | 09/04/2008
... chain in 2006, before the start of the pronounced industry slump.“He borrowed $2 billion to buy Knight Ridder, and then the world changed,” says McClatchy analyst Edward Atorino with in New York.Across McClatchy, advertising revenue in July was down 19.3 percent from July 2007. And the company’s stock is down 85 percent in the past 12 months. That reflects both the downturn in business and...
BlueNC - Comments (Free subscription) | 08/31/2008
... at the Republican convention. [New York Times, 8/22/84; New York Times, 8/17/88; CNN.com, 8/31/04; Knight Ridder, 3/23/97; Associated Press, 8/2/00; Raleigh News & Observer, 7/29/08; Houston Chronicle, 8/17/92]
BlueNC - Comments (Free subscription) | 08/31/2008
... at the Republican convention. [New York Times, 8/22/84; New York Times, 8/17/88; CNN.com, 8/31/04; Knight Ridder, 3/23/97; Associated Press, 8/2/00; Raleigh News & Observer, 7/29/08; Houston Chronicle, 8/17/92]
