Thursday, January 31, 2008

Taking Over the N.Y. Times -- Gently

Morgan Stanley couldn't depose the Sulzberger family, but a new, friendlier group of activist investors may yet gain influence at the media company.

Devin Leonard,
Senior Writer, Fortune

Arthur Sulzberger, Jr., chairman of the New York Times Co., has had his hands 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. [Click for MORE]

> The embattled newspaper industry witnessed many significant developments in 2007. Sphere: Related Content

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