The ordeal, at least the sale part, is almost over: McClatchy will sell five newspapers owned by the company it bought, Knight Ridder, for about $450 million. These are Akron Beacon Journal in Ohio, the Duluth News Tribune in Minnesota, the Grand Forks Herald in North Dakota, the Fort Wayne News-Sentinel in Indiana and the American News in Aberdeen, South Dakota.
The buyers:
— Akron Beacon Journal: Sold to Sound Publishing Holdings is a wholly owned subsidiary of Black Press, a Canadian company which produces over 100 publications in British Columbia, Alberta, Washington State and Hawaii.
— (Aberdeen) American News: Sold to Schurz Communications, which publishes twelve daily and six weekly newspapers in medium and small markets with a combined circulation of nearly 225,000.
— Fort Wayne News-Sentinel:
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