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TUESDAY, NOVEMBER 24, 2009
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Times Co. Takes Globe Off Market

Boston paper's finances have 'significantly improved'

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(Newser) – The New York Times Company has decided not to sell the Boston Globe after all, its chairman told workers in a late-afternoon email today, saying that the financial picture has “significantly improved” for the 137-year-old newspaper in recent months after various cost-cutting and revenue-boosting moves. Two groups did bid after the Globe went on the market in June, but no deal was reached.

A security guard walks past the entrance of the Boston Globe headquarters.
A security guard walks past the entrance of the Boston Globe headquarters.   (AP Photo)
Workers walk through the pressroom of the Boston Globe building.
Workers walk through the pressroom of the Boston Globe building.   (AP Photo)
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Deebles
Oct 15, 09 1:36 AM CDT
I love the Gray Lady but she is totally on a death knell. Shoulda' bought the SAT thing. I live on a bridgeless island so my Times is about eight bucks on Sunday. Do I care what it says? Like no--I want to eat bagels and roll around for a few hours and have sex.. The purpose of the Times. Can't believe people use it for something different. Are you making a tuna casserole? Reply
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