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Chapter 949 - 324, The New York Times Changes Hands

Paul Warburg's actions were swift.

As soon as he received the cash from the land Donnie provided, he immediately began reaching out to shareholders of "The New York Times."

In just two months, the Kuhn, Loeb & Co. consortium became the largest shareholder of "The New York Times" and garnered the support of other shareholders.

"Adolf has completely lost control of 'The New York Times'!"

Upon receiving news that the Kuhn, Loeb & Co. consortium had become the largest shareholder of "The New York Times," and that Paul Warburg had taken on the role of president of "The New York Times," Donnie offered his assessment of the situation.

Compared to outsiders, Donnie had a deeper understanding of the matter. Within the span of two months, Adolf Ochs had been wholly unaware of Paul Warburg's actions, which clearly indicated that other shareholders were highly dissatisfied with Adolf Ochs' series of decisions during this period at "The New York Times."

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