Silicon Valley gazillionaires all pass on the Merc

Thanks, but no thanks, say New Media moguls and other companies and individuals with money to burn. The LA Times says no Silicon Valley moneymakers are stepping up to buy the San Jose Mercury News … then again, the LAT article doesn’t say much, but there are more links and commentary on the Knight Ridder orphan papers on the Peninsula Press Club blog and, of course, at Romenesko.

Bids on the 12 papers that make up the leftovers of McClatchy’s KR purchase are due today.