media Is a Hot Commodity All of a Sudden

UNITED STATES - JULY 11: Sunlight reflects off the facade of the New York Times Building in New York, July 11, 2007. (Photo by Andrew Burton/Bloomberg via Getty Images)
Photo: Bloomberg

Earlier this month, it appeared the New York Times Company would finally be rid of the millstone that is its foiled search engine manipulator when made a $270 million bid for the site. Now Reuters reports that Barry Diller’s IAC is willing to pay more than $300 million for in order to combine it with, which could leave out of luck. and have not yet expressed interest as far as we know. Is a Hot Commodity All of a Sudden