Fortune.com
Arthur Sulzberger Jr. have may have effectively neutralized dissident Times Co. shareholders -- at least, for a while, says
Devin Leonard. "The hedge funds can't complain that he is ignoring them, but they don't have enough votes to sway the board either. Perhaps [the funds] might have done better if they had a chance to fight it out with the Times over board seats."
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NYT Co. revenue dips 2.6% in February |
Release (AP/NYT)