Home Economics Mexican Billionaire Carlos Slim Becomes Top New York Times Shareholder

Mexican Billionaire Carlos Slim Becomes Top New York Times Shareholder

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Mexican billionaire Carlos Slim becomes top New York Times shareholder

Mexican billionaire Carlos Slim has become the largest shareholder of the New York Times Company after exercising warrants to double his stake in the publisher to 16.8 percent. Entities affiliated with Slim exercised the warrants he bought in 2009 when he loaned the company $250 million during the height of the financial crisis. New York Times,…

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