Morgan Stanley couldn't depose the Sulzberger family, but a new, friendlier group of activist investors may yet gain influence at the media company.
By Devin Leonard, Senior Writer, Fortune
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Arthur Sulzberger, Jr., chairman of the New York Times Co., has had his hand
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s full lately. Last year, he warded off a campaign by a Morgan Stanley fund manager to abolish the newspaper publisher's two-tiered shareholder structure. Then on January 27, a new group of dissident investors informed him that they, too, were mounting an effort to shake things up at the company.
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The embattled newspaper industry witnessed many significant developments in 2007.
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