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.-30-