Gary Pruitt
Gary Pruitt
Gary B. Pruittis the President and CEO of the Associated Press and was the CEO, president, and chairman of the board of the McClatchy Company...
further journalism plan sustain
We plan to maintain, sustain and further the journalism at these newspapers.
athletic facility priorities
Football, soccer, rugby, lacrosse are going to probably be the priorities from an athletic facility standpoint,
change
We can't change a market, but we can change a newspaper.
amount cash debt given good relative return small time
Given the company's small amount of debt relative to its cash flow, this is a good time to return cash to our shareholders.
companies fit full great higher knight multiple newspapers paid strategies strong turns value whose
The 11.5 times multiple -- which is two full turns higher than the 9.5 times multiple we paid for the whole of Knight Ridder -- demonstrates that these are strong newspapers with great value to companies whose strategies fit them.
care fit retaining sell sorry
We care who we sell to, and we care about these papers. We are sorry that we're not retaining them and that they don't fit, but they will fit other companies' strategies.