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NYT considering mortgaging building to raise cash

Discussion in 'Journalism topics only' started by Inky_Wretch, Dec 8, 2008.

  1. Inky_Wretch

    Inky_Wretch Well-Known Member

    Trying to raise $225m ...

    http://www.iht.com/articles/2008/12/08/business/08times.php
     
  2. Lollygaggers

    Lollygaggers Member

    I guess it's better than bankruptcy. And they cut their dividend, too. At least they're being creative, until they resort to the next round of layoffs.
     
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