Harbinger Capital Partners continues to whittle down its stake in the New York Times Co. (NYSE: NYT) The activist hedge fund—which once owned nearly 20 percent of the company—has sold another 1.5 million shares, bringing its stake down to 11.68 percent. Harbinger generated about $16.8 million from the sale, benefiting…

Harbinger Capital Partners continues to slice its stake of the New York Times (NYSE: NYT). Co., selling its second batch of stock in two months. The activist hedge fund that spent more than a half-billion accumulating nearly 20 percent of the publishing company’s stock in 2007 now owns less than…

Harbinger Capital Partners, the activist hedge fund that bought its way into two New York Times Co. (NYSE: NYT) board seats in 2007, has reduced its stake in the publishing company by nearly one fifth, according to SEC filings. The hedge fund spent more than $500 million to make it…

This just in ... Google (NSDQ: GOOG) didn’t buy a stake in The New York Times Co.. (NYSE: NYT) Neither did David Geffen. Google wasn’t shopping—if it wanted a stake in the NYTCo or nearly any other paper, it would already have one. Geffen, who circles back to the idea…

Whoever said talk was cheap hasn’t been following the action at Cablevision: Shares of the Long Island-based cable operators have staged a strong rally in recent months, courtesy of the Dolan family’s jib-jabbing and jawboning alone. But don’t expect the fun to continue says Citi analyst Jason Bazinet, who downgraded…

Activist fund Harbinger has added to its stake in Cablevision… In a filing, the fund says it now owns 8.1 percent of the company, or 19.85 million shares. Just last week, the company confirmed that it held 4.9 percent at the end of Q2. Other than the growing stake, it’s…

Harbinger, the activist fund going after Media General (NYSE: MEG), has successfully installed three representatives to the company’s board. The newspaper publisher announced the successful election of all three nominees, pending an official count: Eugene I. Davis, J. Daniel Sullivan and F. Jack Liebau, Jr. Results will be made official…

It looks like everything is breaking in Harbinger’s direction, in its effort to get its slate on the Media General (NYSE: MEG) board. In a letter filed this morning, Mario Gabelli, a 22 percent shareholder, confirmed that he would be backing the full Harbinger slate. Gabelli, who earlier this month…

The New York Times Company (NYSE: NYT) has settled with Harbinger but the Media General (NYSE: MEG) beatdown goes on ... MEG CEO Marshall Morton says Media General is not a newspaper company, a broadcast company, or even a podcast company (he really said that; this is not an April…

—Lee Enterprises: E&P takes a look at the goodwill writedowns across the newspaper industry, as acquisitions have consistently failed to live up to plans. Every time there’s a goodwill writedown, the company is sure to note that it’s a non-cash charge and doesn’t effect operations, but it’s still indicative of…

A little surprising, since they already won board representation, but Harbinger has slightly upped its stake in NYTCo (NYSE: NYT). In a filing this evening, the firm says it made two buys earlier this week totaling 447,000 shares. This brings the group’s total stake to about 27.7 million shares, or…

Just as the NYTCo (NYSE: NYT) settled its differences with Harbinger, Media General is ratcheting up the war of words. In a letter sent to shareholders, filed with the SEC, the company lays it out: “Your Board’s Nominees Are the Right Directors… Harbinger’s Nominees Are NOT the Right Answer for…

Nothing bank-breaking here, but it’s worth noting some of the numbers behind this morning’s short and sweet announcement that NYTCo (NYSE: NYT) and Harbinger have agreed to settle the score: —As it had previously sought, Harbinger will get a reimbursement of up to $250,000 for its direct, out-of-pocket expenses associated…

The New York Times (NYSE: NYT) company has settled its proxy fight with activist investors Harbinger and Firebrand, and it looks like a straight up compromise: The company will expand the size of the board from 13 to 15, with those extra two seats filled by investor reps Scott Galloway…

Harbinger Capital has submitted its preliminary proxy statement in its attempt to get three nominees on the board of Media General (NYSE: MEG). The filing comes over a week after the company’s own proxy was filed, which urged shareholders to disregard Harbinger’s names. Of course, the back and forth is…

Last week, NYTCo (NYSE: NYT) filed a preliminary proxy with a statement urging shareholders to disregard Harbinger’s proposed board nominees. Now the activist investors have filed their rejoinder. In addition to spelling out the case for its four board nominees, the filing walks through the complete timeline of events, starting…

No shocker here… NYTCo (NYSE: NYT), faced with an aggressive group of activist shareholders looking to add members to its board, is urging its shareholders reject the proposed slate. From the filing: “Please note that Harbinger Capital Partners NY, LLC and certain of its affiliates have notified us that they…

Harbert Management, the parent firm of Harbinger Capital, announced in a regulatory filing that it now has 9.96 percent of the New York Times Company (NYSE: NYT), or 14.25 million shares. Through its Harbinger unit, the firm had previously disclosed a sub-5 percent stake, as part of an effort to…

A little more light is being shed on the late Friday announcement that hedge fund Harbinger Capital Partners is nominating candidates for four seats on the board of The New York Times Company (NYSE: NYT). Turns out Harbinger is working with activist investment firm Firebrand Partners LLC; together, the two…