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COPYRIGHT 2006 Las Vegas Review-Journal
Byline: Matthew Crowley
Mar. 31--WASHINGTON -- REGULATORS REVIEW NEWSPAPER TAKEOVER: Antitrust regulators are reviewing the McClatchy Co.'s proposed $4.5 billion takeover of Knight Ridder Inc., including its plan to sell 12 newspapers it is acquiring.
Although the decision to investigate the proposed deal's effect on competition and prices is fairly routine given its size, the government also apparently is interested in who might buy the Knight Ridder papers McClatchy plans to sell.
Justice Department spokeswoman Gina Talamona confirmed that antitrust lawyers are examining the proposed McClatchy-Knight Ridder deal, but she would not comment on specifics about the inquiry.
McClatchy hasn't set a timetable for completing the auction, but it wants to dispose of the 12 papers at the same time that it completes its acquisition of Knight Ridder, based in San Jose, in June or July....
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