McClatchy Receives More Than $38 Million In Distributions From Equity Investments In 2012

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By: 4-traders.com

The McClatchy Company (NYSE-MNI) said today that it has received nearly $34 million in distributions from its equity investments this month and $38.6 million thus far in 2012.

McClatchy noted that on Tuesday, Dec. 18, 2012, it received $18.9 million in a cash distribution from Classified Ventures, LLC.

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