More pressure on Knight Ridder:
(AP) Newspaper publisher Knight Ridder Inc., under pressure from its largest shareholders, said Monday it would consider selling the company and other steps to boost shareholder value.
The San Jose, Calif.-based publisher of The Miami Herald, the San Jose Mercury News and 30 other newspapers said it would work with longtime financial adviser Goldman Sachs & Co. to explore a possible sale and other options.
Knight Ridder also said it had changed its by-laws to allow shareholders to submit proposals at its annual meeting, currently scheduled for next April, and also to nominate directors.
