Former New York Times publisher Arthur Sulzberger had $41 million worth of stock in the Old Grey Lady when he died - and his children have already made moves to sell it.Three of the children have ties to the company and all likely have their own stock positions in NYT, but they don't deem to be too excited about adding to the position.
Sulzberger died on Sept. 29 at the age of 86.
Within a week, his four children - who were named executors of his will - submitted papers in Manhattan Surrogate's Court seeking permission to sell the stock...
"It is anticipated that this will occur within four to six weeks," the filing says.
You would think with fine columnists such as Paul Krugman, it would be difficult to keep newsstands stocked.
Sadly, people actually do read that POS paper.
ReplyDeleteNot as many as used to...and not with the same sense of respect. ;)
Delete"All the Lies that's Fit to Print"
ReplyDeleteSmart kids. They can see the handwriting on the wall, and it's not being written in the NYT...
ReplyDelete