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1.What explains the behavior of the New Times Co's institutional shareholders-not just Morgan Stanley Investment Management's but also Private Capital Management, T. Rowe Price, Fidelity,

1.What explains the behavior of the New Times Co's institutional shareholders-not just Morgan Stanley Investment Management's but also Private Capital Management, T. Rowe Price, Fidelity, and Vanguard?

2.How should Arthur Sulzberger, Jr. respond to Morgan Stanley Investment Management's proposal?

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