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NYT Co. to be bought out?

Discussion in 'Journalism topics only' started by 2muchcoffeeman, Nov 30, 2007.

  1. 2muchcoffeeman

    2muchcoffeeman Active Member


  2. trifectarich

    trifectarich Well-Known Member

    The only thing that makes a sale even remotely plausible is that over the last five years or so, the market value of the company has fallen by about 60 or 70 percent. If they're willing to find a buyer to pay a nice premium, absolutely it deserves to be considered.
  3. fishwrapper

    fishwrapper Active Member

    Until the tier structure of the stock in dismantled, the controlling interest of the company can't be sold. Any discussion otherwise is exercise.
  4. Ben_Hecht

    Ben_Hecht Active Member

    Mental masturbation.

    You wind up not liking your position, Ace-Baby . . . sell it.

    Market forces at work.

    To watch the Washington Post suits at the mercy of such sharks is sickening.
  5. fishwrapper

    fishwrapper Active Member

    WaPo Co. is a different beast, altogether.
    They're a diversifed company with interests in other than media.
  6. Monroe Stahr

    Monroe Stahr Member

    Ever read about how the railroads died in this country because automobile interests bought up all the small lines and basically shut 'em down? I'm beginning to wonder if something like that isn't happening to the newspaper business -- rich guys buying newspapers and systematically rendering them irrelevant through cost-cutting. Or subordinating them to their TV/radio/internet enterprises.
  7. hondo

    hondo Well-Known Member

    Wow. Didn't know Hank Greenberg had been doing so well since his baseball career was over.
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