Carlos Slim Discloses 6.4% Stake in New York Times (NYT)

September 11, 2008 7:33 AM EDT
In a 13G filing after the close on New York Times (NYSE: NYT), Carlos Slim Heu, one of the world's riches men, disclosed a 6.4% (9,100,000 shares) stake in the company. A 13G indicates a passive stake.

According to Bloomberg, a Carlos Slim spokesperson said New York Times has "attractive value" and is a "great company."

The New York Times Company operates as a diversified media company in the United States. It operates in two segments, News Media and About Group.

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