Boston Globe to be Dumped by NYTs...

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Boston Globe to be Dumped by NYTs...

Post  News Hawk on Fri Feb 22, 2013 3:52 am

I don't buy newspapers, but guess that the Boston Globe helps New Hampshire form poorly formed opinions.

The New York Times Company, owners of the Boston Globe newspaper, is once again trying to find someone to take the struggling Massachusetts newspaper off its hands. The Times previously tried to sell the Globe in 2009 but canceled the sale process after it received concessions from its unions (love the irony there).

"More from Reuters: The sale is expected to come at a big loss. Ken Doctor, an analyst with Outsell Research, estimated that the Globe could fetch about $150 million. The New York Times paid $1.1 billion for the newspaper in 1993.
—Newsbusters

Would you regard the New York Times as a source for strong economic directions?

How about the New York Time's conjoined twin, The Boston Globe?


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