New York Times requires holders proposing business to reveal interests

By Lisa Kerner

Charlotte, N.C., Nov. 20 - The New York Times Co.'s board of directors adopted and approved amendments to the company's bylaws requiring stockholders making proposals or nominations to disclose, among other things, all ownership interests, hedges and short positions.

The amended bylaws revise and update the procedures for stockholders to propose business or nominations for election of directors to be considered at annual meetings, otherwise known as "advance notice provisions," the New York-based diversified media company said in a form 8-K filed with the Securities and Exchange Commission.

The changes are effective immediately.

Stockholders are required to comply with the provisions for the 2010 annual meeting, the filing said.

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