Meanwhile, a pair of activist investors, including Bernard Arnault, France's richest man, bought a big stake in the French-based retail chain.
ECONOMIST: Business this week
It emerged that Carlos Slim , a Mexican telecoms mogul and the world's second-richest man, holds a 6.4% stake in New York Times Co.
's assets, following a suit by a New York man who claims to own an 84% stake in the social-networking company.
WSJ: Man Claims Ownership of Facebook
Patrick Soon-Shiong, the richest man in L.A., bought a 5% stake in the Lakers from Magic Johnson in 2010 and could easily afford a bigger stake if the Buss family wants to raise any cash.
FORBES: Lakers' Jerry Buss Leaves Legacy As The NBA's Greatest Owner
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