Jul 14, 2009 9:56 PM
The pending sale of WQXR-FM for $45 million will help the New York Times Co. (NYSE: NYT) chip away at its $1 billion debt, Arthur Sulzberger and Janet Robinson told their staff in a memo posted by The Awl. Tired of having outsiders do it for them, the second memo…
Posted In: Companies, New York Times, arthur sulzberger, carlos slim helu, janet robinson
Jan 19, 2009 9:33 PM
As expected, The New York Times Company (NYSE: NYT) has received a $250 million cash injection from Mexican billionaire Carlos Slim Helu. Reports over the weekend from both the Times and the WSJ said that the deal could close today—but also that it could collapse under its complexity before anything…
Posted In: Money, Companies, New York Times, carlos slim helu
Jan 17, 2009 11:39 PM
Update: Citing “people briefed on the transaction,” the New York Times reported late Sunday that a deal with Mexican billionaire Carlos Slim to invest “about $250 million” in its parent company could come as early as Monday. But, the same people also warn Andrew Ross Sorkin that “several details still…
Posted In: Media & Publishing, Newspapers, Companies, New York Times, carlos slim helu
Sep 10, 2008 9:11 PM
Mexican investor Carlos Slim Helu, thought earlier this year to be interested in acquiring at least part of Sprint (NYSE: S) Nextel, filed surprising notice with the SEC today that he has picked up 6.4 percent of The New York Times Company’s (NYSE: NYT) common stock. The value as of…
Posted In: Legal, Regulatory, Companies, New York Times, Countries, carlos slim helu
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