New York Times
Media analyst
Peter Appert says Morgan Stanley's
Hassan Elmasry didn't have a chance against New York Times Co. because "you can't do battle with a company that has dual classes of stock and family ownership structure. ... And while Mr. Elmasry raised some very good points in terms of what he would like to see changed, the reality was that he has no leverage." ALSO: Morgan Stanley has dismissed newspaper analyst
Lisa Monaco as part of Wednesday's layoff of 300 employees.
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"Trying to be an activist NYT shareholder is a futile effort, period" (WSJ)
