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Print This StoryBeacon Journal's Parent Company Sold In $4.5 Billion Deal
McClatchy Co. Buys Knight Ridder Newspaper Company
POSTED: 1:56 pm EST March 13,
2006
AKRON, Ohio -- The New York Times is reporting that the parent company of the Akron Beacon Journal is being bought by a much smaller media company.The Times says the McClatchy Co. will pay about $4.5 billion in cash and stock for Knight Ridder Inc.Knight Ridder is the second largest newspaper company in the country.
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