Mismanagement At The New York Times (Plus 10 Associated Articles)
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The New York Times Company (NYT) isn’t just reporting the news – it’s making the news. At yesterday’s annual meeting, shareholders withheld 28% of their votes for the four directors elected by holders of the company’s common stock. Nine other directors are elected by holders of the Class B shares, effectively granting control of the company to a group holding less than a 1% economic interest in the business.Most of the large newspaper companies have not done a great...Tue, 16 Nov 2010 01:33:33 PSTen-usMismanagement At The New York Times
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