In other words, they would have to pay you to take what is rapidly becoming Manhattan's quaint little alternative newspaper off their hands.
Yesterday, New York Times Company stock closed at $5.72. That is, by far, its lowest close in the 22 years presented on this chart at Yahoo!:
Before today's opening bell, the company is worth $822 million,
Using conservatively adjusted numbers from a hysterially titled July 25 Business Week article about the company ("How Can The New York Times Be Worth So Little?"), I will show that the market currently sees the New York Times newspaper as literally being worse than worthless.
Here are the two key original paragraphs from the Business Week "analysis":
In a research note published on July ...
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