Citadel Investment Group Says It Has 5.7 Percent Of McClatchy Stock
By Staci D. Kramer - Fri 29 Jun 2007 09:03 AM PST
Earlier in the week, shares of McClatchy rose 7 percent in value for no apparent reason. Now Citadel Investment Group, a hedge fund run by Kenneth Griffin, has filed an SEC disclosure report today that says as of June 20 it holds approximately 5.7 percent of the newspaper company’s shares. McClatchy has been under considerable pressure as it continues to deal with the impact of acquiring Knight Ridder. (Via TheStreet.com).
Posted in: Companies, McClatchy, Legal, Regulatory, Media, Newspapers
