ValueAct takes stake in NYTimes, says paper could grow strongly
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The New York Times (NYT) Shares Jump After ValueAct Reveals 7% Stake
August 11, 2022 1:33 PM EDTValueAct, the San Francisco-based investment company, disclosed a 7% stake in The New York Times Co. (NYSE: NYT) in an SEC filing on Thursday.
The news sent shares of The New York Times over 10% higher.
In the filing, it is said that the activist... More
