The top two executives of the New York Times Co. met Friday with a hedge fund group that wants to kick out four of the media company's directors, according to financial filings. A partnership between Firebrand Partners and Harbinger Capital Partners maintains that the Times Co. is underperforming and needs a new digital strategy. The partnership began buying Times Co. stock in December and now holds nearly 10 percent.
Original Article
Poor old Grey Lady, the fruits of being a DNC shill instead of an unbiased news source, are coming home to roost.
Tuesday, February 12, 2008
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment