Portfolio.com
Emigrant Bancorp CEO
Howard Milstein (left) recently bought 6 million shares of the New York Times Company, making him the sixth largest institutional shareholder with a 4.3% stake in the company, reports
Gabriel Sherman. He writes: "With Milstein's support of the Sulzberger family, one theory is that with access to Emigrant Bancorp's financing, the Sulzbergers, perhaps teaming up with private equity investor [and former Timesman]
Steven Rattner, could take the Times private."
