Just what we need - another Republican-owned media monster:
NEW YORK (Reuters) - Maurice Greenberg, the former head of insurer American International Group Inc. (AIG.N: Quote, Profile, Research) is interested in launching a takeover for all of New York Times Co. (NYT.N: Quote, Profile, Research), CNBC television reported on Wednesday, citing unnamed sources.
The report came after the New York Post said that Greenberg has been buying shares of the company to try to break the Sulzberger family’s hold on the media group.
UPDATE: Alterman explains why this is bullshit.
