The papers are among 12 Knight Ridder daily newspapers that McClatchy Co. wants to arrange to sell before it acquires the rest of Knight Ridder this summer.
The group, which includes Philadelphia firms as well as national firms that specialize in media investments, is "focused on Philadelphia, but potentially open to other papers," said Harte..Harte declined to provide details of the bid or name other investors. Like Denver newspaper chain MediaNews Group, union-backed private-equity firm Yucaipa Cos. and a group of Philadelphia investors headed by Brian P. Tierney and Bruce E. Toll, the private-equity investors have signed a
non-disclosure agreement giving them access to financial data.
Harte served as an assistant to then Knight-Ridder President James K. Batten in the early 1980s, and was for three months an assistant to Knight Ridder's current chairman P. Anthony Ridder. He was later publisher of Knight Ridder's newspapers in State College, Pa. and Akron. His career introduced him to many current Knight Ridder executives, including current Inquirer and Daily News publisher Joe Natoli.
He has spent the past decade as a private equity investor; his investments include papers in Maine, among other companies.
Click on the headline to read the story by Philadelphia Inquired staff wirter Joseph N. DiStefano
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The photo is from the December, 1991 issue of Sidebar, then the BJ employee publication. Christopher McCutcheon Harte was born Nov 1947 in Hanover, NH. He was publisher of the Beacon Journal in 1989-1992. He is on the boards of Harte-Hanks, Inc., Geokinetics, Inc., Crown Resources and Mincron Inc.
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