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The Agreement and Plan of Merger between Knight Ridder and The McClatchy Company was approved.
Separately, the shareholder that pressured Knight Ridder to put itself up for sale, Private Capital Management of Naples, Fla.
For the record, Knight Ridder says, "There's no reason to think that the shooting had anything to do with his reporting work.
No, the big news in the newspaper business last week wasn't earnings or circulation, or even the fact that Knight Ridder is moving.
Knight Ridder Digital manages Knight Ridder's Internet operations covering more than 30 company-owned newspaper sites and directs online partnerships with other media companies.
As previously announced the board of directors of Knight Ridder approved a definitive merger agreement with McClatchy under which McClatchy will acquire all of Knight-Ridder's outstanding shares for the right to receive (1) 0.
Before the merger of Knight Newspapers and Ridder Publications in 1974, Knight had been based at its founding newspaper, the Akron Beacon Journal.
A featured case study on Knight Ridder Digital will show how and why the digital arm of media giant, Knight Ridder, chose to use new content distribution methods - and how they executed.
Investors and security holders of McClatchy and Knight Ridder are urged to read the preliminary Prospectus/Proxy Statement/Information Statement and the final Prospectus/Proxy Statement/Information Statement carefully when available because they will contain important information about McClatchy, Knight Ridder, the transaction and related matters.
By modifying its financial policies earlier this year, Knight Ridder has clearly demonstrated a proclivity to increase shareholder-friendly initiatives.
April 10 /PRNewswire-FirstCall/ -- Knight Ridder announced today that in recognition of the market holiday on Friday, it will announce first quarter earnings on Monday, April 17th.