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Exhibit (a)(5)(G)
Hart-Scott-Rodino Waiting Period Ends for
CareerBuilder Tender Offer
Tender Offer Expires August 21, 2000
CHICAGO, Aug. 16, 2000 -- Career Holdings, Inc., a newly-formed company jointly
owned by Tribune Company and KnightRidder.com, Inc., announced today that the
Hart-Scott-Rodino waiting period applicable to Career Holdings' tender offer for
all of the outstanding shares of common stock of CareerBuilder has expired.
On July 25, Career Holdings commenced its previously announced tender offer for
all of the shares of common stock of CareerBuilder, Inc., (NASDAQ: CBDR) at
$8.00 per share, net to the seller, in cash.
The CareerBuilder tender offer is being made pursuant to an agreement and plan
of merger dated July 16. The tender offer will expire at 12:00 midnight,
Eastern time, on Aug. 21, 2000.
American Stock Transfer & Trust Company is the depository for the tender offer.
Georgeson Shareholder Communications Inc. is the information agent.
This news release does not constitute an offer to purchase or a solicitation of
an offer to sell any securities. The complete terms and conditions of this
tender offer are set forth in an offer to purchase and related letter of
transmittal, which are included in a Tender Offer Statement being filed today
with the Securities and Exchange Commission. The offer to purchase and letter
of transmittal will be mailed to CareerBuilder shareholders. The Tender Offer
Statement (including the offer to purchase, letter of transmittal and related
documents) will also be available for free on the Commission's Web site at
http://www.sec.gov.
CareerBuilder, Inc. (Nasdaq: CBDR) is the leading provider of targeted online
recruiting, attracting 3 million unique visitors to the CareerBuilder Network.
CareerBuilder's trademark technology, including its Mega Job Search/SM/,
provides one-stop shopping for all candidates' career needs. Only through the
CareerBuilder Network can employers target both active and passive job seekers
through 30 of the Web's most popular brands including MSN, Bloomberg, USA TODAY,
NBC, Ticketmaster Online-CitySearch and its flagship career center,
careerbuilder.com. Employer customers include AT&T, AOL, Merrill Lynch, Ernst &
Young and EDS. CareerBuilder is located in Reston, Virginia, with offices
nationwide. Visit us today at http://www.careerbuilder.com.
CareerBuilder is a registered trademark of CareerBuilder, Inc. Mega Job Search,
and "my careerbuilder" are service marks of CareerBuilder, Inc. All other
trademarks mentioned in this document are the property of their respective
owners.
Knight Ridder (NYSE: KRI) is the nation's second-largest newspaper publisher,
with products in print and online. The company publishes 32 daily newspapers in
28 U.S. markets, with a
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readership of 8.7 million daily and 12.9 million Sunday. Knight Ridder also has
investments in a variety of Internet and technology companies and two newsprint
companies. KnightRidder.com, its Internet subsidiary, manages the company's
Internet operations. These include a variety of online services, among them
Real Cities, a national network of local and regional Web sites. Real Cities
services include news, classified ads, entertainment, shopping, search,
community publishing, Internet access and archives. The network comprises 28
KnightRidder.com regional Web sites including content from 31 Knight Ridder
owned newspapers. In addition the network includes 4 non-Knight Ridder partners
enabling it to cover 36 U.S. markets. Both Knight Ridder and KnightRidder.com
are headquartered in San Jose, Calif.
Tribune (NYSE: TRB) is a leading media company with businesses in 23 major U.S.
markets, including 18 of the top 30. Through its television and radio
broadcasting, publishing and interactive operations, Tribune reaches nearly 80
percent of U.S. households daily. Tribune Interactive operates leading
interactive news and information sites in major markets across the United States
and ranks among the top 25 news/information/entertainment networks in the United
States. Tribune Ventures is an industry leader in venture partnerships with new
media and technology companies. Tribune has $6 billion in revenues and more
than 30,000 employees. A Fortune 500 company in 2000, Tribune, for the third
straight year, ranked No. 1 among its industry peers in Fortune magazine's list
of most admired companies in America.
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