Beacon Journal forecast cloudy; Paper still profitable, but sale may be tough.

From: Crain's Cleveland Business | Date: March 20, 2006 | Copyright information

Byline: JOHN BOOTH

Looking back, the Akron Beacon Journal can see a century and a half of history, roots intertwined with one of journalism's foremost family names, and four Pulitzer Prizes on its shelf.

Looking ahead is where things get foggy.

Last week, Beacon Journal parent company Knight Ridder Inc. announced it would sell itself to California-based McClatchy Co. for $6.5 billion in cash, stock and assumed debt. Though the deal ended months of speculation on Knight Ridder's fate, McClatchy ignited another round of angst with its own announcement that it would sell ...

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