MediaNews to buy four papers

04/27/2006 |

The MediaNews chain announced it will buy four Knight Ridder papers that were among the dozen papers McClatchy Co. agreed to acquire last month. The complicated deal provides for two of the papers to pass through the hands the Hearst Corporation en route to MediaNews. The deal will make MediaNews the fourth-largest newspaper company in the U.S., as gauged by daily circulation.

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