McClatchy profits rise in Q3
McClatchy Co., the second-largest U.S. newspaper publisher, reported higher earnings for its third quarter Tuesday as it absorbed 20 newspapers from Knight Ridder Inc., which it acquired in June. McClatchy, which is based in Sacramento, Calif., reported earnings of $51.8 million for the three months ending Sept. 24 from $38.6 million a year ago.
In Mississippi, McClatchy owns The Sun Herald on the Gulf Coast.
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