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ValueAct Capital reports 6.7% stake in New York Times

08/11/2022

Less than a minute

2022.08.11 20:42

ValueAct Capital reports 6.7% stake in New York Times
FILE PHOTO: A taxi passes by in front of The New York Times head office in New York, February 7, 2013. REUTERS/Carlo Allegri/File Photo

(Reuters) – Activist investor ValueAct Capital Management on Thursday reported a stake of 6.7% in the New York Times Co, saying that the company’s shares are undervalued.

The New York Times did not respond to a request for comment.

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08/11/2022

Less than a minute