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IPFS News Link • Media: Print

New York Times posts huge loss

1-31-2007 • DBA (Raw Story)

New York Times Co reported a fourth- quarter loss of almost 650 million dollars as it wrote down the value of its Boston Globe unit by 814.4 million dollars. The write-down reflected the continued difficulty facing the company in attracting adve

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Reported By Powell Gammill

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New York Times posts huge loss

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