BREAKING NEWS: The News-Sentinel and Knight Ridder's share of Fort Wayne Newspapers have been purchased by Ogden Newspapers Inc., a fourth-generation, family-owned group headquartered in West Virginia. I don't know much about them yet, but here's a link to their Web site.
UPDATE: Some people were betting The News-Sentinel would be the last paper sold. Looks like the Wilkes-Barre Times Leader has that dubious distinction.
Here's some more information.