Tuesday, January 20, 2009

How Slim could end up owning NYT

Billionaire Carlos Slim HelĂș gained the inside track to buy the New York Times Co. when he lent the publisher $250 million to avert a looming default.Though NYT is not for sale at the moment, the continued deterioration of its business could unleash the sort of pressures in the controlling Ochs-Sulzberger family that have led to the sale of a number of newspapers in the past.Slim’s timely loan to

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