Article: Knight Ridder's demise reflects sobering times for U.S. newspapers

MICHAEL LIEDTKE, AP Business Writer
AP Worldstream
06-23-2006
Dateline: SAN JOSE, California
Like many newspaper lovers, Larry Jinks is wrestling with mixed emotions as Knight Ridder Inc.'s shareholders prepare to vote Monday on the company's $4.5 billion (euro3.6 billion) sale to McClatchy Co.

Jinks takes comfort knowing most of Knight Ridder's 32 daily papers will be turned over to a well-regarded publisher like McClatchy, where he sits on the board of directors.

But as someone who spent most of his career working for Knight Ridder, Jinks sympathizes with journalists and readers mourning the loss of the second-largest U.S. newspaper publisher _ a company long admired for its community ...

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