Friday, 16 January 2015

Carlos Slim becomes top New York Times shareholder

Carlos Slim becomes top New York Times shareholder


Mexican billionaire Carlos Slim has become the largest shareholder of New York Times Co (NYT.N) after exercising warrants to double his stake in the publisher to 16.8 percent. Entities affiliated with Slim exercised the warrants he bought in 2009 when he loaned the company $250 million during the height of the financial crisis.

Read more: http://ift.tt/1C8JZuU

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