Minneapolis Star Tribune
The remaining competitors are McClatchy; a partnership between MediaNews Group and Gannett Co.; and a group of buyout firms led by Thomas H. Lee Partners of New York.
Chris Serres writes: "Analysts said MediaNews and Gannett are most likely to emerge as the successful bidder because they have the deepest pockets and the most experience doing acquisitions. However, no one familiar with the discussions is ruling out a McClatchy purchase."
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Merrill Lynch says McClatchy is the front-runner |
The report (E&P|ML)
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MediaNews' Singleton toured Pioneer Press, met with publisher (PiPress)
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Golas says Times Leader is a unique property in Knight Ridder (TL)
