CDT has southern suitor

Suddenly, we find that we're a player in the ongoing chatter about Knight Ridder's fate.

The Centre Daily Times is among the 32 KR-owned dailies that are on the auction block this year, forced there by investors unhappy with KR's financial performance.

Until now, we'd seen nothing substantial to indicate who may be very specifically interested in buying the CDT.

But this weekend there arrived an in-depth report from the Lexington Herald-Leader. It says that a former commerce secretary in Kentucky is hoping to buy six KR papers that sit in college-town markets -- including the CDT.

CentreDaily.com's Midday Report first pointed out this tidbit yesterday. (Thanks go to Midday writer Matt Hymowitz, who's filling in this week for executive editor Bob Heisse.)

Earlier post: Uncertainty revisited: Mulling K. Ridder 

Update in March: New era dawns for CDT with sale