From 1974 to 1986, he was director of planning at the Times Company.
The Times Company reported its financial results after the stock market closed yesterday.
But a final agreement was never reached, the Times Company said.
Since going public in 1969, the Times Company has had the two classes of shares.
He was a consultant for the Times Company in the mid-1960's.
The Times Company said it had no plans to change the share structure.
And, in the past, the Times Company has thought of selling the station.
Total revenue at the Times Company rose 3.3 percent, to $832 million.
The stock of the Times Company closed at $43 a share yesterday, down $2.50, or about 5.5 percent.
The Times Company paid $1.1 billion for it in 1993.