Chinese Tycoon Wants to Buy the New York Times
Talk about ending the year with a bang. Megha Rajagopalan, a politics and general news correspondent for Reuters in Beijing, just tweeted the following. A mega pick-up by Megha, as it were:
According to her piece and other Chinese media reports, colorful recycling magnate turned philanthropist Chen Guangbiao has been thinking about buying the New York Times for the past couple of years and is finally set to move on his grandiose plan. He says he will meet in New York on January 5 with one of the paper’s major shareholders:
“There’s nothing that can’t be bought for the right price,” Chen told Reuters.
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