Bids For Knight-Ridder Due In; Prospectus Shows Dismal 1995 Results
VENDOR STRATEGIES
As D&IS goes to press, the prospectus for Knight Ridder Financial's sale has been circulated and read by interested parties, and the deadline for would-be buyers to place their bids has arrived. While it's too early to tell who the next parent of Knight-Ridder's market data and financial news business will be, plenty of information has emerged about the current state of the unit.
For one, KRF's profits have been on a downward slide for some time, and reached a pitiful $3.3 million on revenues of
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