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New York Times Shareholders in Trouble
Filed in archive Hedgetalk by Alex Akesson on January 12, 2009
New York Times Shareholders in Trouble
Some analysts are saying that the mighty New York Times might be headed down the same path as the bankrupt Tribune Company, owner of the Chicago Tribune and Los Angeles Times, according to one of my articles at HedgeCo.

Hedge fund shareholders, Harbinger Capital Partners Funds and Firebrand Partners own 19% of the NYT Company, and the outlook does not look good. NYT is approximately $1 billion in debt, the result of its move to a new building on Eighth Avenue a couple of years ago.


Permalink: New York Times Shareholders in Trouble
Tags: hedge+fund  hedge  fund  2008  2007  york+times  hedge+funds 
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