Talk:Philip F. Anschutz
Contents
Anschutz Listed as Possible KR Suitor
NEW YORK With the news that Knight Ridder has retained Goldman Sachs to help with a possible sale of the company, there is new speculation regarding would-be buyers.
Philip Anschutz has surfaced as a potential suitor, according to a report issued today from Merrill Lynch analyst Lauren Rich Fine. The research firm "knows little about his operations" but they're not ruling him out as a possibility.
Merrill also revisits the idea of Gannett making a play for Knight Ridder. Analysts recently estimated that the company could pay up to $80 per share for Knight Ridder but upon further consideration said "that's not Gannett's style."
Gannett would more likely pay $68 per share in a non-dilutive deal that would benefit shareholders. Yet, Gannett's new CEO Craig Dubow seems more bent on acquiring alternative media. "If Gannett were not to bid, that could hurt the public companies' valuations," the report said. "If they do bid, we believe there is only modest upside."
Tribune has been crossed off Merrill's list given the company's own "issues." (Last week, Merrill Lynch suggested that Tribune could be headed the way of Knight Ridder). McClatchy could put its name in the hat though it would take away from its focus on growth markets.
Hearst and Newhouse, two private newspaper companies, would probably not be interested, according to the report. And private equity firms would most likely not get the returns needed to make a deal attractive.
- Source: Jennifer Saba, "Anschutz Listed as Possible KR Suitor", Editor and Publisher, November 14, 2005
Center for Responsive Politics (open secrets dot com) data
Search Criteria:
Donor name: Anschutz
Donor State: CO
- 1990, 1992 cycles
- 54 records
- $70,250
- tiny url pointer
- 1994, 1996 cycles
- 63 records
- $380,130
- tinyurl pointer
- 1998, 2002
- 112 records
- $450,009
- tinyurl pointer
- 2002, 2004, 2006
- 70 records
- $107,100
- tinyurl pointer
other refs
- Christopher Palmeri, "Phil Anschutz: Media Wildcatter", Businessweek, April 25, 2005
- Annys Shin, "A Low Profile and a Large Footprint", Washington Post, November 21, 2004
- Nathan Callahan, "‘Corporate Vulture’: Philip Anschutz tries to thread his way into heaven", Orange County Weekly, Vol. 8 No. 35 May 2 - 8, 2003
- google search {anschutz+political+politics}
Media Matters for America
- Right-wing slant for free in DC's new daily pap ... [Media Matters</a>
- "San Francisco Chronicle"
- "James Dobson"
- "The Washington Post"
--Hugh Manatee 16:18, 15 Nov 2005 (EST)