Chatham announces plan to buy newspaper publisher McClatchy
By TALI ARBEL, AP Business Writer NEW YORK (AP) — Hedge fund Chatham Asset Management plans to buy newspaper publisher McClatchy out of bankruptcy, ending 163 years of family control. The companies did not put a price on the deal in an announcement Sunday. The agreement still needs the approval of a bankruptcy judge; a hearing is scheduled for July 24. McClatchy is one of the largest newspaper companies