January 25, 2023
Chinese Magnate Offers To Buy 'NYT'
- December 31, 2013
A Chinese recycling magnate said on Tuesday he wanted to buy the New York Times Co. Chen Guangbiao, a well-known philanthropist, said he expected to discuss the matter on January 5, when he is due to meet a "leading shareholder" in New York, reports Reuters. "There's nothing that can't be bought for the right price," Chen said. As one of the most prestigious newspapers in the world, the NY Times is an occasional target among the wealthy, notes Reuters.
