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SUNDAY, NOVEMBER 8, 2009
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NEWS ABOUT: Carlos Slim

Carlos Slim stories: 12 news summaries
Glossies

Savvy Slim Bets on NYT
Being a Monopoly


May 26, 09 6:55 PM CDT
(Newser) - Carlos Slim, the elusive Mexican billionaire who bailed out the New York Times to the tune of $250 million, is betting that the Times will be one of a very few major-league news organizations left standing when the current newspaper shakeout is over, Lawrence Wright writes in a profile of... More »

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New York Times • Mexico • Carlos Slim • billionaire

OPINION

 Don't Sell the Times... Yet 


May 14, 09 8:15 AM CDT
(Newser) - The New York Times' ruling Ochs-Sulzberger family has a “habit of buying high and selling low,” writes John Gapper of the Financial Times. The clan sold the paper’s old Times Square building at a bargain price and bought back shares near their zenith. Now Arthur Sulzberger... More »

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media • David Geffen • newspaper • New York Times • Carlos Slim • Ochs-Sulzberger • newspaper industry

Debt May Force Sulzbergers to Sell NYT Stake

Family still spending like it's 1999; Mexico's Slim waits in wings

May 11, 09 1:49 PM CDT
(Newser) - The Ochs-Sulzberger family may be forced to sell its controlling interest in the New York Times, according to the rival Post, which helpfully points out that family members are also spending far more than they're pulling down at the paragraph factory. Thanks to the recession and the newspaper’s... More »

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New York Times • New York Post • Carlos Slim • Sulzberger family • Arthur Sulzberger Jr. • Ochs-Sulzberger • Jay-ZTV

(Newser) - This may not elicit much sympathy, but Forbes' annual list of billionaires has shrunk from 1,125 names to 793 this year. Bill Gates lost $18 billion but managed to regain the top spot from Warren Buffett, who lost $25 billion. Here's the top 10:
  • Gates, $40 billion
  • Buffett,
... More »

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Bill Gates • Warren Buffett • Larry Ellison • Carlos Slim • billionaire • Forbes

(Newser) - Carlos Slim has a history of intimidating the press, but not the New York Times, which strives manfully to dish the dirt on Mexico’s richest man today, even though he just lent the paper $250 million. Slim loves making such big investments in media companies, but he hates... More »

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media • New York Times • Mexico • censorship • Carlos Slim

Does Carlos Slim Want to Buy the Times?

As dividends dwindle, Mexican billionaire may move in on paper

Jan 26, 09 7:28 AM CST
(Newser) - Last week Carlos Slim, the world's second-richest man, lent $250 million to the New York Times Company—but why does he want 18% of a tanking media outfit? Advertising Age speculates that the Mexican tycoon is playing a long game: The loan is peanuts to Slim, but it puts him... More »

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newspaper • New York Times • Carlos Slim • American media • New York Times Company • newspaper industry

Slim Loans NYT Co. $250M

Mexican billionaire will own 17% of company, but gets no special voting shares

Jan 20, 09 6:47 AM CST
(Newser) - The New York Times Company announced last night that it had cut a deal with Mexico's Carlos Slim, the world's second-richest man, for a $250 million loan. Slim will receive common shares over six years, at the end of which he will own 17% of the corporation. But he will... More »

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New York Times • Carlos Slim • Sulzberger family • shares • New York Times Company • loan

NYT Courts Investment From Mexican Billionaire

Telecom magnate may get preferred stock in arrangement for battered newspaper

Jan 18, 09 10:27 AM CST
(Newser) - The New York Times is in talks with Mexican telecom billionaire and current shareholder Carlos Slim about making a significant investment in the beleaguered newspaper, reports the Wall Street Journal. One possibility under discussion is a preferred-stock arrangement, which would be similar to a loan. Slim's investment would earn him... More »

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New York Times • Carlos Slim • investment • credit crisis

Mexican Media Tycoon Buys 6.4% of New York Times

Experts speculate Carlos Slim may be looking to buy or control media company

Sep 11, 08 8:09 AM CDT
(Newser) - The world’s second-richest man, Mexican media tycoon Carlos Slim, has purchased a 6.4% stake in the New York Times Company. He says the buy was a purely financial—not strategic—move, but analysts say he may be positioning himself to make a play for the Gray Lady, reports... More »

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media • newspaper • New York Times • shareholders • Carlos Slim • American media

Buffet Unseats Gates as Richest Man on Earth

He's worth $62B; Gates is now third with $58B.

Mar 5, 08 7:44 PM CST
(Newser) - Bill Gates has passed the gilded torch: Warren Buffett and Mexican telecom mogul Carlos Slim have ended the Microsoft founder's 13-year reign as richest man on earth, Forbes reports. Buffett's fortune grew $10 billion this year to $62 billion, while Slim weighs in with an estimated $60 billion. Gates trails... More »

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Microsoft • Bill Gates • wealth • Warren Buffett • Fortune 500 • Carlos Slim • billionaire • Berkshire Hathaway • wealthy men

Mexico Eyes Carlos Slim's Stupendous Wealth

World's richest man owns 8% of GDP

Jul 13, 07 7:55 AM CDT
(Newser) - With Mexican media baron Carlos Slim now the world's richest man, superseding Bill Gates, Mexican regulators are  launching an investigation into whether the virtual monopolies that have made him worth $67 billion in a dizzyingly short time are illegal. Two of his companies—Telemex and Movil—control about 90% of... More »

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Mexico • Carlos Slim • monopolies • Telemex • Movil

Mr. Slim Is New Global Fat Cat

Mexican telecom
chief Carlos Slim beats Bill Gates as world's richest man

Jul 4, 07 7:11 AM CDT
(Newser) - Move over, Bill Gates. The Microsoft founder, who has  been the world's richest individual for a decade, has lost his lofty perch to a little-known Mexican telecom tycoon, Carlos Slim, the Guardian reports.  His wealth has been estimated at $67.8 billion compared with $59.2 billion for Gates. More »

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Bill Gates • Carlos Slim • America Movil • telecom • billionaire

12 Stories


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