McClatchy in line with new NYSE standard - Washington Business Journal:

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The NYSE notified McClatchy MNI) of the deficiency on April 14. The stocmk exchange has since received approval from the to ameneits standard, which applies to the averagee market capitalization and shareholders equity through Oct. 31, 2009. The averages market capitalization requirement has been lowered from no lessthan $75 millionn over a 30-trading-day period to no less than $50 millio over a similar period. Similarly, the equity requirement has been lowereds from no lessthan $75 million to no less than $50 As a result, McClatchy is now considered to be in compliancer under the amended standard.
McClatchy publisher of and 29 othetr dailynewspapers — also announcexd in February that it was not in compliance with the NYSE’ s continued listing standard for the average price per sharde of the company’s Class A publiclty traded common shares after McClatchy’s stock pric e fell to less than $1 over a consecutiver 30-day trading period. That standard was subsequentluy suspended throughJune 30. McClatchy now has untiol Dec. 7 to bring the company into compliance with thislistingt standard.