DOJ Statement on Decision to Close Investigation of MediaNews's Acquisition of Contra Costa Times and San Jose Mercury News
U.S. Newswire, July, 2006
WASHINGTON, July 31 /U.S. Newswire/ -- Following is a statement of the U.S. Department of Justice Antitrust Division on its decision to close its investigation of MediaNews Group Inc.'s acquisition of The Contra Costa Times and San Jose Mercury News. The investigation focused on whether a combination of newspapers in the San Francisco East Bay Area would lessen competition.
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The Department of Justice's Antitrust Division announced today that it has decided to close its investigation into the proposed acquisition of the Contra Costa Times and the Mercury News by MediaNews Group Inc. After a careful investigation of MediaNews' proposed acquisition of the Contra Costa Times and the Mercury News from The McClatchy Company, the Antitrust Division determined that the...
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