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Article: St. Louis Post-Dispatch Business Briefs Column.
- Article from:
- Knight Ridder/Tribune Business News
- Article date:
- October 28, 2003
CopyrightCOPYRIGHT 2003 Knight-Ridder/Tribune Business News. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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St. Louis Post-Dispatch Knight Ridder/Tribune Business News
Oct. 28--PULITZER INC. on Monday reported a loss in the third quarter because of a recent change in accounting rules, which deal with how companies treat the mandatory redemption of a minority partner's stake.
The company, based in St. Louis, owns the St. Louis Post-Dispatch, STLtoday.com and the Suburban Journals of Greater St. Louis. Pulitzer said it would have earned 46 cents a share in the third quarter, in line with market expectations, if the impact of the change were excluded.
Herald Co., part of the Newhouse family's media holdings, now has 5-percent stakes in units St. ...