> Slim's investments in the company included large purchases of Class A shares in 2011, when he increased his stake in the company to 8.1% of Class A shares,[43] and again in 2015, when he exercised stock options -- acquired as part of a repayment plan on the 2009 loan -- to purchase 15.9 million Class A shares, making him the largest shareholder.
Your point being? I just want a coherent response from you. Your initial question was how is the NYT different as you assumed they make all their money from a billionaire benefactor and that subscriptions are not a significant part of the income of any news paper. Now it's about that one year where their income wasn't doing well. And they took a loan. And the creditor bought stock that they sold later.
From wikipedia:
> Slim's investments in the company included large purchases of Class A shares in 2011, when he increased his stake in the company to 8.1% of Class A shares,[43] and again in 2015, when he exercised stock options -- acquired as part of a repayment plan on the 2009 loan -- to purchase 15.9 million Class A shares, making him the largest shareholder.
[my emphasis, https://en.wikipedia.org/wiki/The_New_York_Times_Company ]
Your point being? I just want a coherent response from you. Your initial question was how is the NYT different as you assumed they make all their money from a billionaire benefactor and that subscriptions are not a significant part of the income of any news paper. Now it's about that one year where their income wasn't doing well. And they took a loan. And the creditor bought stock that they sold later.