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More Schadenfreude: Morgan Stanley Sells Entire NYT Stake
Morgan Stanley, the second-biggest shareholder in New York Times Co., sold its entire stake today, according to a person briefed on the transaction, sending the stock to its lowest in more than 10 years. The person declined to be identified because Morgan Stanley hasn't made the sale public yet. Traders with knowledge of the transaction said Merrill Lynch & Co. sold New York Times stock worth $183 million in a block trade. Posted by: trailing wife 2007-10-17 |
| http://www.rantburg.com/poparticle.php?ID=202812 |