Add-on Acquisition • Media

The McClatchy Co. Acquires Knight-Ridder

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

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

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M&A Deal Summary

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

Target Company

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 Overview 1

Buyer

The McClatchy Co.

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 Context for Buyer #
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 -