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Insurance Mogul To Buy NY Times?

Reuters reports: 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 … Read More

By / November 29, 2006

Reuters reports:

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.

He lost the toss at the insurance convention this year. Tails, it would have been Al Jazeera.

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