Tuesday, April 11, 2006

 

Oh, My Gosh, I'm Employed

Yo, Fellow Alums,

It’s been announced that I’m going to be a consultant to The Yucaipa Companies in their bid for the 12 Knight Ridder papers McClatchy will not keep.

I obviously cannot continue to act on behalf of you (however presumptuously preposterous that was anyway) while engaged in this consulting work.

So I wanted to let you know about it quickly, and to assure you that I’ve agreed to help them bid for the papers in the belief that their ownership, and the possibility of eventual employee ownership, is the most opportune outcome on the horizon for all 12 papers.

Please know that I will value your suggestions, as always, and thank you for your continuing interest in the best possible ownership for the newspapers we helped to build.

Cheers, Jim

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