The New York Times Repays Debt to Carlos Slim
Maybe things aren’t so bad for The New York Times after all. Today the Times said it is repaying its $250 million debt to Carlos Slim, three and a half years early. Slim lent the money to the paper a few years ago when things were especially bleak for the Times.
According to memo from Janet L. Robinson and Arthur Sulzberger Jr., the paper was able to pay the debt back so quickly because of a series of moves (like selling
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