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.noahchestnut ryanvailbrown Yeah, a big question! Considering timing and mentality, I'd bet decision is driven by: recode.net/2016/10/19/13329092/new-york-times-successor-ag-sulzberger
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noahchestnut ryanvailbrown Nothing says 'meet the new boss' like a big purchase outside of the norms of NYT's operation.
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noahchestnut ryanvailbrown Big questions: just how much has NYT banked for acquisitions? What is its cash-flow like? How is it playing?
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noahchestnut ryanvailbrown Also worth considering: how tactical? Was there competing buyers? Is NYT trying to put someone off their game?