media metamorphoses May 11, 2009

David Geffen Offered to Buy 19 Percent of New York Times

By Chris Rovzar

Los Angeles billionaire David Geffen made a bid to purchase the 19 percent of the New York Times Company currently owned by hedge fund Harbinger Capital. The offer was declined. [Fortune]

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David Geffen Offered to Buy 19 Percent of New York Times

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