What Does Carlos Slim Want With the NY Times?


He's the second-richest man in the world, after Warren Buffett -- worth $60 billion by Forbes' measure -- a man who parlayed Mexico's one-time state-owned telephone monopoly into a business empire so dominant that it accounts for a third of the value of the leading Mexican stock market. So, what does Carlos Slim want with The New York Times? He's in a position to take control of the paper should the Sulzberger family decide to sell, an outcome that would become increasingly likely if the Times cuts its dividend again, choking off the family's main source of income.

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