Nov
21
New York Times Co. in ‘Uncharted Territory’
Posted in: Uncategorized
NEW YORK (AdAge.com) — The Ochs-Sulzberger family's dilemma over The New York Times Co. grew starker this week, as the company finally cut the dividend that provides big chunks of their income and the stock price plummeted further. Shares in the Times Co. fell 6.64% on Friday to close at $5.34. That's a 66.8% decline in one year.
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