News Brief
JPMorgan Analyst: NYT Will Keep 'Globe'
May 15, 2009, 12:28 PM
A JP Morgan analyst met with the New York Times Co. and concluded that it will not sell the beleaguered Boston Globe, reports Boston.com. The newspaper, as well as other New England assets, have been hard-hit by the economic downturn, but Alexia Quadrani wrote, they remain important to the company, "so we don't expect an attempted divestiture anytime soon."
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