Will Michael Bloomberg buy the New York Times?

Will Michael Bloomberg buy the New York Times?

[Ed. – I think I’d rather have Carlos Slim buy it, actually.]

Near the end of Bloomberg’s time as mayor, he told Times chairman and publisher Arthur Sulzberger Jr. that he was interested in buying theTimes, according to a source with direct knowledge of the conversation. Sulzberger replied that the paper was not for sale.

Bloomberg’s overture, previously unreported, might be one reason why talk of a Bloomberg-Times eventuality has flared up among insiders in the wake of the most recent round of Times’ layoffs. Given the fact that both sides vehemently deny that there have been recent conversations (Sulzberger “can’t remember the last time he spoke with Bloomberg,” said a spokesperson), this may very well be wishful — or apprehensive — thinking being played out in the echo chamber of media gossip.

But it does seem that Bloomberg is in fact interested in the Times and that his interest has not waned. “Mike has muttered a lot about the Times to a lot of people,” a Bloomberg adviser told me.

The strongest advocate for such a deal is said to be Bloomberg’s longtime political adviser Kevin Sheekey. …

In addition to Sheekey, Bloomberg has also discussed the Times with his financial adviser Steven Rattner, a longtime Sulzberger friend.

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