Under pressure from major investors, Knight-Ridder the owner of the
Philadelphia Inquirer and
Daily News (and the
Miami Herald, San Jose Mercury News, St. Paul Pioneer-Press, Kansas City Star, Belleville News-Democrat,
Myrtle Beach Sun News... you get the idea) has
announced that it will "explore strategic alternatives to enhance shareholder value, including a possible sale of the company."
And what does this do for journalistic value? Zip, per usual.
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