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Announced after market close. Expecting NYT stock to rise quite a bit. I was surprised when Jack Welsh (x GE) wanted to buy the Boston Globe (he backed out). H
by larrys 13y ago
Announced after market close. Expecting NYT stock to rise quite a bit.
I was surprised when Jack Welsh (x GE) wanted to buy the Boston Globe (he backed out). He realized the the shine was one of the past. It's interesting that Bezos sees value here but I think the value is in the same sense taking a small part of his billions and buying something that is a legend. (After all rich people buy art and other trinkets because they can so why not a newspaper?).
- adventured 13y agoI agree. Bezos is almost 50 years old now. What's the point of having $28 billion in assets if you can't do some interesting things with it (like Bezos Expeditions, the millennium clock, or retrieve the apollo engines).
- aaronbrethorst 13y agoBezos was probably feeling a bit left out of the 'Seattle Philanthropic Billionaire Boys Club.' Although, to his credit, he and his wife did kick in $2.5mm to the Washington state marriage equality referendum last November: http://slog.thestranger.com/slog/archives/2012/07/27/jeff-bezos-dumps-25-million-dollars-into-wa-states-marriage-equality-campaign http://slog.thestranger.com/slog/archives/2012/07/27/jeff-be...
- deleted 13y ago[deleted]