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Thursday, April 27, 2006

Check out this newspaper empire

The McClatchy Co. sold the San Jose Mercury News and the Contra Costa Times to the MediaNews Group of Denver — the same company that owns the Tri-Valley Herald — as part of a four-newspaper $1 billion deal announced Wednesday. The sale would lead to an unprecedented concentration of ownership in Bay Area newspapers and give MediaNews control of papers publishing more than 800,000 copies daily in the San Francisco Bay Area.

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