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Revolving Door Newsletter: 09.15.09
BusinessWeek Bids Due; NYT Nears Pay Wall Move
Sightings (4)
What The Globe Can Expect If Platinum Equity Buys - Posted August 10, 2009
Last week, The Boston Globe revealed that its owner, The New York Times Co., had been approached by a third group of potential buyers interested in purchasing the beleaguered New England paper.
According to the Globe, the potential buyer is investment firm Platinum Equity, run by billionaire Tom Gores. The firm has... [FishBowlNY]
What The Globe Can Expect If Platinum Equity Buys - Posted August 10, 2009
Last week, The Boston Globe revealed that its owner, The New York Times Co., had been approached by a third group of potential buyers interested in purchasing the beleaguered New England paper.
According to the Globe, the potential buyer is investment firm Platinum Equity, run by billionaire Tom Gores. The firm has... [FishBowlNY]
Times Co. Admits Boston Globe Is Up For Sale While San Diego Paper Owner Makes Bid - Posted August 7, 2009
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... [FishBowlNY]
Businessmen With Boston Roots Come To Globe's Rescue - Posted June 12, 2009
Earlier this week, Boston Globe union the Boston Newspaper Guild,
spoke out in support of the New York Times Co.'s decision to seek a buyer for the Boston paper. But we wondered: who would step up to buy the Globe -- and possibly save it from extinction?
Today, the Globe reports that... [FishBowlNY]
