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Trump looking to buy N.Y. Times?
Posted By -NO AUTHOR- On 01/23/2013 @ 3:03 pm In Front Page,Money,Politics,U.S. | No Comments
(NEW YORK MAGAZINE) With Donald Trump, you can never tell where the TV show ends and reality begins. Is he serious about buying the New York Times?
In a brief interview this afternoon, Trump said he wouldn’t comment on his intentions or strategy, deferring to a spokesman who said that Trump’s posture toward the Times was in the “evaluation stage.” But Trump appears to have done a modicum of homework on the finances of the Times, recounting the paper’s unsuccessful business investments of the past decade.
“They buy the Boston Globe for a billion-two,” said Trump. “Jack Welch and a group offers them $600 million for it and they turned it down, and now they’ll give it away for nothing. For literally nothing.”
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