Knight-Ridder Hires Goldman Sachs To Handle KRF Sale

STOP PRESS

After months of anticipation, Knight-Ridder Inc. announced last Friday that it had hired Goldman Sachs & Co. to handle the sale of its Knight-Ridder Financial Inc. subsidiary. News that Knight-Ridder was considering selling KRF first emerged over six months ago after Tony Ridder took the helm as chief executive officer and David Ray, president of Knight-Ridder's Business Information Services division, the unit under which KRF is managed, resigned (IMD, June 19. 1995). At that time, the parent

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