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The New York Times Company Message Board

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  • Sarcastic_investor Sarcastic_investor Oct 23, 2008 2:23 PM Flag

    Everyone knows the Times is Junk

    It might be headed to zero. Look at all their debt. The recession has just started. All newspapers are in deep trouble, but NYT has an incredible amount of debt. Having all that debt is not good in this economy. It would also be very hard to find a buyer to take on all their debt with the current credit market. Why would anybody buy a company with all their debt in a dying industry?

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