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Corporate & Securities Law

: Business Law Prof Blog

New York Times Finds a Sugar Daddy

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Carlos Slim loaned $250 million to the New York Times to keep it going, for now. It was not much of a deal. The note pays 14 percent (three percent is optional pay-in-kind junk) and comes with warrants, convertible into...

Full post as published by Business Law Prof Blog on January 21, 2009 (boomark / email).

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