Houston Chronicle
Loren Steffy says the New York Times' two-tier stock structure is unfair to shareholders. "The Times, essentially, wants to have its capital without the responsibility that comes with it," writes the business columnist. "If the Times, or any news organization, didn't want to answer to investors, then it shouldn't have sought the public's investment." STEFFY SAYS: "Morgan Stanley, by the way, isn't chasing a short-term profit. It's been an investor in the Times for 25 years. It's apparently run out of patience, which isn't all that surprising."
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Migrating from public to private ownership could really hurt NYT (Mutter)