McClatchy Will Sell. Will Frank Buy?

The McClatchy Co., which inherited a 49.5% share of the Seattle Times Co. when it bought Knight-Ridder, says it's ready to offload the troublesome stake in Frank Blethen's struggling business. So will Blethen step up and buy back his baby, as Brian Miller suggested a few months ago? Can he afford it? Has he successfully talked down the price? Or will Girl About Town step in with her own competing bid and turn it into a Seattle-based Tiger Beat?