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Mexican Makes NY Times Investment No American Will Do

by Scott Ott · 39 Comments

(2008-09-11) — Mexican billionaire Carlos Slim HelĂş has stepped up to do a job that most American’s are no longer willing to do, buying a 6.4 percent stake in The New York Times Co., the newspaper which has struggled for several years with declining readership, ad revenue and stock price.
Times publisher Arthur Ochs Sulzberger Jr. [...]

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Tags: Business · Media/Journalism