AKRON, Ohio – McClatchy Company said yesterday it has reached agreements to sell five of the six remaining Knight Ridder newspapers it plans to divest for about $450 million.

Together with two other transactions announced previously, McClatchy has now made deals to sell 11 of the 12 Knight Ridder papers it doesn’t plan to keep. McClatchy said the sales have generated just over $2 billion in proceeds, which it plans to use to reduce some of the debt it is taking on to acquire Knight Ridder.

The deals announced late yesterday involved five newspapers: the Akron Beacon Journal in Ohio; Duluth News Tribune in Minnesota; Grand Forks Herald in North Dakota; The Fort Wayne News-Sentinel in Indiana, and the American News in Aberdeen, S.D.

The Akron paper was the largest of the former Knight Ridder papers remaining for sale. It was bought by Sound Publishing Holdings Incorporated, a subsidiary of Black Press Limited, a private company based in Victoria, British Columbia.

McClatchy said it sold the News-Sentinel to Ogden Newspapers; the Duluth News Tribune and the Grand Forks Herald to Forum Communications Company; and the (Aberdeen) American News to Schurz Communications Incorporated. Separate financial terms were not disclosed for the deals.

That leaves the Times Leader of Wilkes-Barre, Pa., remaining to be sold. McClatchy has already announced the sale of six other larger newspapers owned by Knight Ridder.Privately held MediaNews Group Incorporated bought four newspapers, and a local investor bought the Philadelphia Inquirer and the Philadelphia Daily News.

McClatchy said in March that it planned to buy Knight Ridder for $4.5 billion in cash and stock plus the assumption of about $2 billion in debt, but said it planned to keep only 20 of Knight Ridder’s 32 newspapers, selling the other 12. Most didn’t fit Mc-Clatchy’s criteria of being located in growing markets.