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Thursday, August 8, 2013

Sulzberger Sez NY Times Not For Sale

Arthur Sulzberger Jr.
The New York Times is not for sale, the paper's publisher, Arthur Sulzberger Jr., says.

"Will our family seek to sell the Times? The answer to that is no," said Sulzberger, who is also chairman of The New York Times Co., in a statement to employees Wednesday night.

"The Times is not for sale, and the Trustees of the Ochs-Sulzberger Trust and the rest of the family are united in our commitment to work together with the Company's Board, senior management and employees to lead The New York Times forward into our global and digital future," he said in the statement, which the Times provided USAToday.

In the wake of Monday's purchase of The Washington Post by Amazon.com founder Jeff Bezos — and the New York Times Co.'s sale of The Boston Globe to Boston Red Sox owner John Henry — media watchers been speculating on which major paper would be the next on the block. "There has been much speculation and understandable concern about what this could mean for us," Sulzberger said in the statement.

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