Why is McClatchy’s Stock Up More Than 45 percent? It Took a Risk.

With Gannett-Tronc hostilities at a standstill, it has been a quiet month for news company finances. With one exception:

Shares of McClatchy, the newspaper company, are up more than 45 percent to $17.65 in the last 30 days.

What gives?

Some of the first to notice the stock’s movement asked me whether McClatchy might have become a takeover target, with buyers anticipating a premium bid coming soon.

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