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Chinese Recycling Tycoon Says He Wants to Buy NY Times

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An eccentric Chinese recycling magnate said on Tuesday he was preparing to open negotiations to buy the New York Times Co. Chen Guangbiao, a well-known philanthropist, is something of a celebrity in China. During a particularly murky bout of pollution in January, the ebullient and tireless self-promoter handed out free cans of “fresh air.” But Chen says he is perfectly serious in his bid to buy the Times, something that he said he had been contemplating for more than two years. He said...

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