Times Co. Admits Boston Globe Is Up For Sale While San Diego Paper Owner Makes Bid
Today we have two updates on the possible sale of The Boston Globe, both coming from the Globe itself.
Last month, Globe owner the New York Times Co. avoided the question of whether the Globe was up for sale while reporting its second quarter earnings. During a conference call, CEO Janet Robinson said the Times Co. would not comment on rumors of a sale, but noted that cost cutting measures and increased newsstand pricing had helped “put it on stronger financial footing.”
However,
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