Sacramento Bee
McClatchy sold the first six Knight Ridder papers for a combined $1.56 billion. The remaining six are generally smaller; the largest is the Akron Beacon Journal, with a weekday circulation of about 140,000, reports
Dale Kasler. Ariel Capital Management's
Chris Watters, who owns McClatchy stock, says: "They're on track. There have been no major surprises. Management has delivered on their promises."
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Yucaipa reps were in Akron to look at Beacon Journal operations (ABJ)
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Yucaipa reps expected to visit Times Leader plant in Wilkes-Barre (TL)