M&A Deal Summary

The McClatchy Acquires Knight-Ridder

On March 13, 2006, The McClatchy acquired media company Knight-Ridder for 4.5B USD

Acquisition Highlights
  • This is The McClatchy’s 1st transaction in the Media sector.
  • This is The McClatchy’s largest (disclosed) transaction.
  • This is The McClatchy’s 3rd transaction in the United States.
  • This is The McClatchy’s 1st transaction in California.

M&A Deal Summary

Date 2006-03-13
Target Knight-Ridder
Sector Media
Buyer(s) The McClatchy
Deal Type Add-on Acquisition
Deal Value 4.5B USD

Target

Knight-Ridder

San Jose, California, United States
Knight-Ridder, Inc. is a media company, specializing in newspaper and Internet publishing.

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Buyer(S) 1

Buyer

The McClatchy

Sacramento, California, United States

Category Company
Founded 1860
Sector Publishing
Employees2,800
Revenue 710M USD (2019)
DESCRIPTION

The McClatchy Company is a news and information provider dedicated to the values of quality journalism, free expression and community service. McClatchy's operations include 29 daily newspapers, community newspapers, leading local websites, mobile news and advertising, niche publications, direct marketing and direct mail services. The McClatchy was founded in 1857 and is based in Sacramento, California.


DEAL STATS #
Overall 3 of 4
Sector (Media) 1 of 2
Type (Add-on Acquisition) 2 of 2
State (California) 1 of 1
Country (United States) 3 of 4
Year (2006) 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-05-06 ShopLocal

Chicago, Illinois, United States

Cofactor Digital is a digital marketing solutions provider, that connects online and offline shoppers across all channels and devices. Cofactor Digital was established in 1999 and is headquartered in Chicago, Illinois.

Buy $75M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-12-15 ShopLocal

Chicago, Illinois, United States

Cofactor Digital is a digital marketing solutions provider, that connects online and offline shoppers across all channels and devices. Cofactor Digital was established in 1999 and is headquartered in Chicago, Illinois.

Sell -