Investor Wants New Directors on Times Board
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Dissident investor Harbinger Capital is proposing its own slate of four directors for The New York Times Co., saying the company needs to refocus its efforts on the Internet.
Harbinger geared up for a shareholder fight with the storied publishing company today by filing its own proxy statement with the Securities and Exchange Commission.
The Times has said it would meet with the Harbinger candidates and was still considering whether to accept their nominations.
The candidates include a marketing professor who has been working with Harbinger to propose changes at the Times.
