Sacramento Bee
On the day it completed its Knight Ridder takeover, McClatchy saw its stock fall to its lowest point in five years amid continued investor anxiety over the wisdom of the deal.
Dale Kasler notes the stock has fallen 26.6% since McClatchy announced the deal March 13. "I'm certainly disappointed in the skepticism that the market has shown," says McClatchy CEO
Gary Pruitt.
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McClatchy says Knight Ridder deal will nearly triple its revenue (SacBee)
