McClatchy Co. selling off Star Tribune

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McClatchy Co. selling off Star Tribune
Newspaper publisher McClatchy Co. has said in a statement that they are selling off its largest newspaper, the Star Tribune.
This deal would fetch them around $530 million and the new owner of this paper would be private-equity firm Avista Capital Partners.
Interestingly, they had acquired this paper for $1.2 billion in [...]

http://business.techwhack.co/1605/star-tribune/
 
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