In debt? Sell your baseball team!
New York Times Co. is currently hoping to stay afloat through borrowing against its snazzy new headquarters and cutting its dividend, but a bigger cash injection (say...$200 million) may be just what it needs until newspapers learn to better navigate the shifting marketplace.
The move would be similar to the bankrupt Tribune Co.'s ongoing efforts to sell the Chicago Cubs. Analysts say that sale could garner bids of up to $1 billion.