New York Times Won't Go Way of Dow Jones

With the prospects of a rich buyout looming at Dow Jones (DJ Quote), shares of its newspaper counterpart, New York Times (NYT Quote), have surged on speculation that the days of its lopsided corporate structure are also numbered.

But while the old order appears to be crumbling, the Gray Lady isn't necessarily next in line.

Like Dow Jones, publisher of The Wall Street Journal, New York Times has a family -- the Sulzbergers -- that controls the company through ownership of a separate class of stock that gives them far more voting power than public shareholders. ...