Knight Ridder Scenarios
Even after years of cutbacks, divestitures, and other moves to satisfy Wall Street, Knight Ridder was given notice this week by Private Capital Management, a 19 percent shareholder, that the clock has run out. PCM wants a sale or breakup of Knight Ridder.
Outsell Affiliate Analyst Ken Doctor sees three main scenarios for KR:
– Sale to newspaper company(ies): There