Globe up for sale - again

Bloomberg News reports the Gray Lady has hired an investment firm to find a buyer for its New England unit, which also includes the Worcester Telegram and Gazette. The Times paid $1.1 billion for the papers in 1993 - about $1.7 billion in today's money.

Times press release.

Some insta-reaction via Twitter (also see: #WhenIBuyTheGlobe):

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Comments

So where's the UHub

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So where's the UHub kickstarter fund to purchase it?

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Voting is closed. 7

NPR was speculating that the

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NPR was speculating that the price would be around $100,000,000 - $150,000,000

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Voting is closed. 9