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New York Times chairman held talks to take co private-report
MarketWatch ^
| Nov 30, 2006
| MarketWatch
Posted on 11/30/2006 9:59:36 PM PST by mdittmar
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How odd.
Why would a "a leading media company with 2005 revenues of $3.4 billion, publishes The New York Times, The International Herald Tribune, The Boston Globe and 15 other daily newspapers" want to go private?
1
posted on
11/30/2006 9:59:37 PM PST
by
mdittmar
To: mdittmar
"For personal financial planning reasons".
2
posted on
11/30/2006 10:02:02 PM PST
by
GSlob
To: mdittmar
If they have to answer to shareholders, they have to face embarrasing questions like how their editorial bias is turning off readers. If privately held, they don't have to answer any questions.
3
posted on
11/30/2006 10:02:32 PM PST
by
Mad_Tom_Rackham
(Democracy: The worst form of government, except for all the others.)
To: mdittmar
Yeah think about it if they turn NY Times private that mean no stockholder to answer to
4
posted on
11/30/2006 10:05:43 PM PST
by
SevenofNine
("Step aside Jefe"=Det Lennie Briscoe)
To: mdittmar
Because they want to be free of oppressive regulation like Sarbanes-Oxley, which they advocate for thee.
To: Grampa Dave; Milhous
Pinch hopes to create a false take over value unrelated to the Slimes' terrible financial five year record...
6
posted on
11/30/2006 10:07:58 PM PST
by
george76
(Ward Churchill : Fake Indian, Fake Scholarship, and Fake Art)
To: Mad_Tom_Rackham
Because it may not be a crime to dump your newspapers into the trash unless your a publically traded company trying to hide your loses from your advertisers and wall street.
Yes please take your wretched treasonous enterprise private so that the future torment will be your own and not the unsuspecting duped shareholders.
7
posted on
11/30/2006 10:08:14 PM PST
by
samadams2000
(Somebody important make....THE CALL!)
To: Wally_Kalbacken
8
posted on
11/30/2006 10:09:50 PM PST
by
samadams2000
(Somebody important make....THE CALL!)
To: mdittmar
Because they can operate without interference from Wall Street. Simple, really.
9
posted on
11/30/2006 10:10:52 PM PST
by
Wormwood
(Enjoy this post while it lasts!)
To: samadams2000
Yes please take your wretched treasonous enterprise private so that the future torment will be your own and not the unsuspecting duped shareholders. It would be better this way. The true enemies of America would be more clearly identified.
10
posted on
11/30/2006 10:14:54 PM PST
by
Mad_Tom_Rackham
(Democracy: The worst form of government, except for all the others.)
To: GSlob; Mad_Tom_Rackham; SevenofNine
Take the money and run.
They'll start a "New and Improved Version" for the suckers later.
11
posted on
11/30/2006 10:15:25 PM PST
by
mdittmar
(May God watch over those who serve,and have served, to keep us free.)
To: mdittmar
Well, I'm not an owner [unless through an index fund], so I could not "take the money and run". I do not know how much they could get for it, given the high fixed costs and the generally uncertain prospects of the genre - but probably it would be quite a chunk. What would Murdoch make out of it?
12
posted on
11/30/2006 10:24:30 PM PST
by
GSlob
To: mdittmar
ROFL that so true new improved version for suckers LATER ROFL
13
posted on
11/30/2006 10:25:59 PM PST
by
SevenofNine
("Step aside Jefe"=Det Lennie Briscoe)
To: mdittmar
Pinch will win and the employees will lose.
14
posted on
11/30/2006 10:28:31 PM PST
by
Doctor Raoul
(Why is the Viagra car in NASCAR a Ford and not a Stretch Limo?)
To: GSlob
There is a hostile takeover move by a guy from AIG and he is a big R supporter who the NYT drug through the mud. Drudge had his name two days ago but I can't find it.
This is a trick to stop an R from taking over.
To: GSlob
What would Murdoch make out of it? A bazillion I imagine,if he was to take NWS private.
16
posted on
11/30/2006 11:17:55 PM PST
by
mdittmar
(May God watch over those who serve,and have served, to keep us free.)
To: mdittmar
Probably I did not make myself clear. I imagined him buying it from the Sulzbergers and then of course cleaning the augean stables - root and branch.
17
posted on
11/30/2006 11:26:43 PM PST
by
GSlob
To: mdittmar
so they'll still have jobs from which to spew their venom? Leastwise til they go bankrupt away
18
posted on
12/01/2006 12:19:50 AM PST
by
SCHROLL
To: mdittmar
Why would a "a leading media company with 2005 revenues of $3.4 billion, publishes The New York Times, The International Herald Tribune, The Boston Globe and 15 other daily newspapers" want to go private?Because the shareholders are biting their a**es, demanding impossible things like profits.
19
posted on
12/01/2006 12:23:23 AM PST
by
hsalaw
To: mdittmar; george76; Milhous; dead
20
posted on
12/01/2006 7:57:17 AM PST
by
Grampa Dave
(The Bush haters on both sides have elected the government they have dreamed of!)
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