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    Senior Member JohnDoe2's Avatar
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    Mexican billionaire becomes largest New York Times shareholder


    01-14-2015

    . . .
    The ownership doesn’t change control of the company. The Sulzberger family controls The New York Times Co. through a trust that owns 90 percent of its Class B stock, which isn’t publicly traded, and 3.8 percent of Class A shares. Holders of Class B stock can elect 70 percent of the company’s board . . .
    Last edited by JohnDoe2; 01-16-2015 at 01:31 PM.
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