Slim Buys Into N.Y. Times Co.

Carlos Slim Helu

Mexican billionaire CARLOS SLIM HELU and his family have purchased a 6.4% interest in the NEW YORK TIMES CO. SLIM, a telecommunications mogul whose fortune has been estimated by FORBES at about $60 billion, owns TELEFONOS DE MEXICO, cellular company AMERICA MOVIL, and other companies worldwide. At WEDNESDAY's closing price of $13.96/share, SLIM's stake in the TIMES would be valued at $127 million.

The TIMES owns Classical WQXR/NEW YORK.

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