Knight Ridder and Gannett to merge?

Old rumors and speculation around media industry consolidation are swirling again. And why not? Since leaving KRI at the end of June, I’ve watched my stock slide a good 15% from its May peak. TimeWarner is bidding $4.6B to buy MGM. Sure, Tribune appears to have had a setback on cross-media ownership (in the same city)… but as with many other things, the future may well depend on the outcome of the upcoming presidential elections.