The New York Times is planning to sell or mortgage its headquarters to raise $225m and is looking at other financing options as it faces what a senior executives have admitted will be one of its "most challenging years" in 2009. |
New York Times set to mortgage its building to ease cashflowQuicklink Submitted By Sheila Samples No comments
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The New York Times is planning to sell or mortgage its headquarters to raise $225m and is looking at other financing options as it faces what a senior executives have admitted will be one of its "most challenging years" in 2009. |
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Sheila Samples is an Oklahoma writer and a former civilian US Army Public Information Officer. She is a Managing Editor for OpEd News, and a regular contributor for a variety of Internet sites.
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