Slim and Italian group Proto to be chief shareholders of New York Times

Feb 25, 2014 368

Mexican magnate Carlos Slim and the Italian group Proto will be the principal shareholders of the U.S. daily The New York Times (NYT), sources at the Proto Organization told Efe.

"This agreement for joint participation in 19 percent of NYT capital was taken yesterday in New York by Carlos Slim and Alessandro Proto (president of the group), and will be finalized next week," the sources said.

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Source: http://latino.foxnews.com

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