Buyout speculation propels New York Times

• Shares of New York Times (NYSE:NYT) are up 3.2% on some loose speculation by New York magazine that Michael Bloomberg has interest in buying the company.
• NYT chairman Arthur Sulzberger says he can't recall the last time he talked to Bloomberg.
• A hostile takeover of the company is tricky with Sulzberger controlling a bulk of voting shares through a special class of stock.
• Bloomberg is believed to have a rekindled interest in his media empire with his political days behind him.