Report: NY Times Co. Weighs LBO

  • December 1, 2006
New York Times Co. Chairman Arthur Sulzberger has been talking to Steven Rattner, head of private equity firm Quadrangle Group, about the possibility of arranging a leveraged buyout of the nation's third largest newspaper publisher, reports BusinessWeek. The report comes days after rumors surfaced that private investor Maurice "Hank" Greenberg also was contemplating a buyout of the Times Co.
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