Goldman weighs up options for Knight Ridder

Goldman Sachs is advising Knight Ridder on a possible sale amid criticism from leading institutional shareholders about the US newspaper publisher's performance.

Knight Ridder, the second-largest newspaper publishing company in the US, said in a statement that there was no guarantee that the exploration of strategic alternatives would result in any transaction. Goldman has advised Knight Ridder in the past.

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The Worst Performer in Billionaires’ Portfolios? Trophy Art.