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Chinese Businessman Seeking Stake in Times Co.
[NYTimes] Chen Guangbiao, who sells cans of fresh air, said he would soon meet with Times representatives, which the company denied.

A wealthy Chinese businessman and philanthropist known for his zany public stunts said on Tuesday that he was leading a group of investors seeking to acquire a large or controlling stake in The New York Times
...which still proudly displays Walter Duranty's Pulitzer prize...
 Company.
Soon to join whatsisname Slim of Mexico in controlling what an ever-shrinking segment of America is permitted to be aware of?
Shares in the Times Company jumped more than 4 percent to a five-year high on Monday, shortly after the businessman, Chen Guangbiao, hinted at his plans in a speech in southern China.
Chen and his insider pals, I'll wager, already had shares in hand last week...
What's the diff between the Times and People's Daily? Aside from the typeface, I mean.

Posted by: trailing wife 2014-01-02
http://www.rantburg.com/poparticle.php?ID=382822