[MovementConservative]

The New Enland Media Group has a stake in the Boston Red Sox Baseball Club. That is easily liquidated for a quick 100 million at least. More likely 150 mil.
They will cobble together 400 million, but it will be at the expense of their most valuable liquid assets. About.com has a considerable market value as well. They are not closing their doors this Spring, much as I'd like to see Sulzberger and the dishonest POS's at the NYT thrown out on the street.

[GOPGuide]

“They will cobble together 400 million, but it will be at the expense of their most valuable liquid assets.”

Of course, if they keep selling their best assets what is going to be left of the company beyond 2009?

It’s not like their papers are making money or are going to be worth much compared to the Sox.

[St. Louis Conservative]

Sure, they have assets to sell to shore up their cash flows, however they are simply prolonging the inevitable, and their shares get weaker and weaker every day. As long as Pinch is at the helm, they will remain in a downward spiral.