The Huffington Post.com, May 15, 2009 by Thomas B. Edsall
http://www.huffingtonpost.com/2009/05/15/the-new-york-times-and-th_n_203807.html?view=print
If the assets were put up for sale while in bankruptcy proceedings, “the family would have difficulty disregarding the highest bidder” in favor of a bidder considered a stronger proponent of the journalistic values maintained by the family.