New York Times, Which Has Been Selling Selling Newspapers For More Than A Year, Is Exploring A Sales Of The Boston Globe
February 21, 2013 7:47 AM EST
The New York Times Co. (NYSE:NYT), which has been struggling in its newspaper operations for years, will sell the Boston Globe, Bloomberg News said Wednesday.
The Times has engaged Evercore Partners Inc. to advise about selling the Globe, which is its only remaining business outside the core New York Times media brand, Bloomberg said.
The company still owns the International Herald Tribune newspaper, which is sold in Europe.
The New York Times declined to comment on any possible sale.
To contact the editor, e-mail:
Most Popular Slideshows
- Kate Middleton Suffocated in Kensington Palace, Queen Elizabeth Reported War With The Duchess [PHOTOS]
- Chris Martin Dating Reports: Jennifer Lawrence Vs Gwyneth Paltrow [PHOTOS]
- 2014 MTV Video Music Awards: Everything To Know [PHOTOS]
- British Style Icon Kate Middleton Fashion Talk With Camilla Parker-Bowles Daughter-In-Law [PHOTOS]
Join the Conversation
- James Foley Beheading Video Has Play-Acting Portions – Video Experts Say
- 4.7-Inch, 5.5-Inch iPhone 6 Models Confirmed with Similar Build, Cam Features & 300+ Screen Pixels on Release Date
- Apple iPhone 6 Release Date, iPhone 6C or 6L Anticipation: Three Things Should Matter To New Phone Shoppers
- Xiaomi Mi4 vs iPhone 6: Why Forecasts Favor Mi4 as The Next Best Phone Against iPhone 6
- James Foley: More Chilling Information Revealed By Escaped Journalists
- Companies Push Back IPO Plans Due to Mega Alibaba Share Launch
- Samsung Galaxy Note 4 Release Date Update: 4 Feature Upgrades That Really Matter