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Reason: None provided.

After a quick search to figure out where you got this silly idea that Carlos Slim runs NYT, class A stocks are publicly traded and account for 85% of ownership but only 30% of votes. Slim owns enough class A to make him the largest shareholder with 17% of the company, which gives a whopping 6% voting control. The other 15% of shares is class B with 70% of the votes, which comprises the entirety of the Ochs-Sulzberger Family Trust's 13% shares giving them 60% of the vote.

1 year ago
4 score
Reason: None provided.

After a quick search to figure out where you got this silly idea that Carlos Slim runs NYT, class A stocks are publicly traded and account for 85% of ownership but only 30% of votes. Slim owns enough class A to make him the largest stakeholder with 17% of the company, which gives a whopping 6% voting control. The other 15% is class B with 70% of the votes, which comprises the entirety of the Ochs-Sulzberger Family Trust's 13% stake giving them 60% of the vote.

1 year ago
1 score
Reason: Original

After a quick search to figure out where you got this silly idea that Carlos Slim runs NYT, class A stocks are publicly traded and account for 85% of ownership but only 30% of votes. Slim owns 17% of these class A, which gives a whopping 6% control. The other 15% is class B with 70% of the votes, which comprises the entirety of the Ochs-Sulzberger Family Trust's 13% stake giving them 60% of the vote.

1 year ago
1 score