Saturday, September 6, 2008

McClatchy preparing to go private?

The McClatchy family appears to be getting ready to take its company private again.The signal that something may be afoot is contained in a brief document filed at 5:01 p.m. yesterday at the Securities and Exchange Commission. The Friday night filing states chief executive Gary Pruitt resigned Wednesday as one of the four directors of the family trusts that collectively control 41% of MNI’s stock

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