Mexican Billionaire Carlos Slim Takes Stake In New York Times Company

Mexican investor Carlos Slim Helu, thought earlier this year to be interested in acquiring at least part of Sprint ( NYSE: S) Nextel, filed surprising notice with the SEC today that he has picked up 6.4 percent of The New York Times Company's ( NYSE: NYT) common stock. The value as of Wednesday's close: approximately $127 million, 9.1 million shares at $13.96 a share.