New York Times Eyes First Deal in Three Years to Bolster Growth

Posted
By: Brett Pulley | Bloomberg Business Week

Dec. 2 (Bloomberg) -- New York Times Co., publisher of the namesake newspaper, may make its first acquisition in more than three years.

Times Co. is interested in deals for technology or information companies to bolster digital growth, according to Chief Executive Officer Janet Robinson. The company has been paying down debt and reducing costs, giving it the financial flexibility to strike deals, she said.
































Comments

No comments on this item Please log in to comment by clicking here