Hearst, MediaNews Settle Antitrust Suit

Law360, New York (April 25, 2007, 12:00 AM EDT) -- Hearst Corp. and MediaNews Group Inc. on Wednesday settled an antitrust suit brought by real estate investor Clinton Reilly, agreeing to make changes regarding a deal for the San Jose Mercury News and the Contra Costa Times.

Hearst and MediaNews said most of the changes they decided to make to the transaction were made during the course of an ongoing Hart-Scott-Rodino review by the Department of Justice.

“We are excited to put this chapter behind us”, said Joseph Lodovic, president of MediaNews Group. “Once it became...
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