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As If The New York Times Company Doesn’t Have Enough To Worry About With Its Shares Hitting A 12-Year Low, Rupert Murdoch Is Making It Very Plain The NYT Is His Primary Target Once He Gets His Hands On The Wall Street Journal
Philip Stone October 19, 2007
With New York Times Company shares hitting a 12-year low Wednesday and the general outlook being that Morgan Stanley’s sale of its 7.3% of the company merely solidifies the view of no speedy shares recovery, along comes Rupert Murdoch with his clearest words yet on how he wants the Wall Street Journal to knock the Times off its pedestal as America’s most influential read.

 

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