"A quick review of Slim's history shows that if there's something he has known how to do over the years, it's take advantage of those risks, thanks t
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"A quick review of Slim's history shows that if there's something he has known how to do over the years, it's take advantage of those risks, thanks to his position as a lender of last resort," Slim follower Eduardo Garcia writes. Spokesman Elias Ayub played up the strength of the NY Times (NYT -7.8%) brand, and its "potential for digital expansion."
Posted by expathos (#1) 1217 days ago (http://seekingalpha.com)While Carlos Slim's $250M cash injection gives New York Times (NYT) some breathing room, it does nothing to solve its long-term issues, Fitch's Mike Simonton says. "It will be even more challenging for the company to generate positive free cash flow in 2009 with this new, heavy interest burden." The 14.1% notes may cost NYT $35M a year in interest.
Posted by expathos (#1) 1217 days ago (http://seekingalpha.com)
While Carlos Slim's $250M cash injection gives New York Times (NYT) some breathing room, it does nothing to solve its long-term issues, Fitch's Mike
What's Behind Slim's Times Bailout?
Posted by expathos (#1) 1217 days ago (http://seekingalpha.com)
Jeff Bercovici submits: Is Carlos Slim a would-be newspaper baron, a visionary investor, or just a predatory lender? The Mexican cell phone billionai
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