KRF Prospectus Is Out (Warts and All); Bids Already In

VENDOR STRATEGIES

As IMD was going to press late last week, the deadline for bids for Knight-Ridder Financial had arrived. Meanwhile, sources who have seen the sale prospectus for the vendor report that KRF's profits have been on a downward slide for some time, and last year only reached $3.3 million on revenues of $193.4 million. Plenty of other information emerged about the current state of the unit, according to those who have seen the offering document.

Sources who have seen the prospectus say that while K

To continue reading...

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: