Replies to post #3083 on Global Value Investing

[throwerw]

On that note...

NY Times (NYT) is also interesting. $258m net cash after a recent divestiture, $274m EBITDA (up slightly from 2011), $1.36B market cap.

Only slightly growing overall, but circulation revenues up 10%, so the digital strategy is really taking hold.

It looks like the company is in pretty good shape right now. They could start paying a dividend again or repurchase shares this year.

[throwerw]

MNI

The new debt is trading above par. The longer dated maturities due in 2027 and 2029 trade around 60 cents on the dollar with a yield to maturity of 11.6% and 13%.

[throwerw]

MNI +20%