Wednesday, April 26, 2006

McClatchy's Money

According to this article on Yahoo, MediaNews Group Inc., publisher of The Denver Post and other newspapers, is acquiring four newspapers from McClatchy Co. for $1 billion. I realize that there are many people involved in the McClatchy Company, but I'm sure that Pittsburgh Pirates owner, Kevin McClatchy will get a nice chunk from the sale. How much of the money do you think he will use from the sale on the Pirates? My guess is none or very little.

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