The McClatchy Group is one of the oldest Newspaper publishing companies in the United States. It owns The Miami Herald, The Sacramento Bee, the Fort Worth Star-Telegram and many other well known newspapers. It owns 30 daily newspapers and approximately 43 non-dailies in 29 markets.
McClatchy (MNI) also owns a portfolio of digital assets, including 14.4% of CareerBuilder.com, an online job site; and 33.3% of HomeFinder.com, as well as 25.6% of Classified Ventures LLC that offers classified Websites, such as the auto Website, Cars.com and Apartments.com.
Highly Undervalued – Medium to Long Term play – Its IP and Digital Assets are not getting the valuation they deserve. Keep an eye!
