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New York Times Co. to Pay Back Loan in January; Carlos Slim to Walk Away with More Than $150 Million
Janet Robinson, CEO of The New York Times Company, plans to pay back her company’s $250 million loan from Carlos Slim Helú in January of 2012. The payment will coincide with the launch of paywalls to generate subscription revenue online for The New York Times and The Boston Globe.
The company took out the loan Read More