The perks of working at Bloomberg LP are legendary: free cereal, free yogurt, free espresso drinks, free Swedish Fish, free healthcare and more all thanks to the benevolence of former Mayor Mikey B.

Mike Bloomberg, the billionaire and former Republican mayor of New York City, has never had an easy relationship with the New York Times. He even told New Yorker editor David Remnick that “he detests the New York Times … [he] thinks that the New York Times has an opinion page on the front page and he loathes it.” But that didn’t prevent Bloomberg—who already controls his own shop, Bloomberg News—from trying to buy the paper.