Knight-Ridder Fin'l Update: GFI (And Bridge) Owner WCAS Appears Likeliest Bidder
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One month after the deadline for preliminary bids for Knight-Ridder Financial, it has emerged that at least two firms that were considered by some to have a lot to gain from a KRF acquisition--ADP and Dow Jones Telerate--have not submitted bids.
But Welsh Carson Anderson & Stowe--whose desire for a news operation for its Global Financial Information Corp. unit is well known, is still in the bidding after the first round.
The deadline for preliminary bids for the troubled KRF was March 8 (Inside
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