Regarding my post about CEO Craig Dubow dismissing talk of selling the company, a reader writes: "Pathetic as Tony Ridder was as CEO of Knight-Ridder, he looks better and better as time goes on for selling the company to McClatchy for $42 a share. McClatchy's at what, $9 a share now? By the time Gannett's board wakes up and kicks into action, the stock will be below $20. It would have been very shrewd of the board to sell to a flush private equity fund two years ago when times were good. Too late now. That market's dead."Join the debate, in the original post.
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Jim says: "Proceed with caution; this is a free-for-all comment zone. I try to correct or clarify incorrect information. But I can't catch everything. Please keep your posts focused on Gannett and media-related subjects. Note that I occasionally review comments in advance, to reject inappropriate ones. And I ignore hostile posters, and recommend you do, too."
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