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Tuesday, March 14, 2006

How do you say Good Knight?

Is it not strange that the Akron Beacon Journal, the flagship of John S. Knight newspapers, and the San Jose Mercury News, the Ridder flagship, were left rudderless by the sale of the Knight Ridder empire?
~Harry Liggett, March 1995 BJ retiree

Count your stock. Multiply it by $40 and that is the amount of cash you will receive from the sale of Knight Ridder plus a 0.5118 Class A McClatchy share for each of your shares.

Sorry. No word on what happens to pensions and health benefits.

Read Ohio.com and McClatchy.com Especially recommended is a piece by Mary Ethridge, a branch of the Knight family tree, which appeared on page A1

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