Thanks to PaidContent for pointing us to a TheDeal.com story (reg. req'd) about bidders for Knight Ridder. Potential suitors include:
- Thomas H. Lee Partners, Bain Capital, Texas Pacific Group and Hellman & Friedman
- Blackstone Group, Providence Equity Partners and Kohlberg Kravis Roberts & Co.
- Gannett Co., Tribune Co., Freedom Communications and the McClatchy Co.
There's a lot at stake for the future of the industry hanging on which entity acquires the business and how it is subsequently managed.