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'NY Times' Closer To 'Boston Globe' Sale?

The New York Times Co. will shut down the last of the Boston Globe's suburban bureaus next month, a sign that the company is getting closer to selling the newspaper, according to Jessica Heslam and Christine McConville of the rival Boston Herald.

The two reporters also provide other evidence fueling talk of an upcoming sale, including "a recent New York magazine piece [that] revealed that Times bigwig Janet Robinson was canned for balking at a Globe sale."

Notice the mean quote the two Globe rivals got from an analyst: “The Boston Globe is like the expensive house that’s dramatically overpriced and sits on the market forever.”

 


 


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