Staying Informed

Chinese tycoon wants to buy The New York Times

An eccentric Chinese businessman with a penchant for publicity stunts is seeking to buy The New York Times Company. Chen Guangbiao, a rags-to-riches tycoon who made millions in the recycling business, said he would fly to New York on Friday to meet with a representative of The Times. With a net worth estimated at $810 million, Chen is known in China as a philanthropist -- even if his methods are ...
 
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