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The Boston Globe's Future Unclear As Sale Deadline Passes

First Posted: 03/18/10 06:12 AM ET Updated: 05/25/11 03:20 PM ET

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Boston Globe

nytimes.com:

Prospective buyers of The Boston Globe faced a Friday deadline for submitting firm bids, but it remained unclear what would happen next -- or even whether The New York Times Company would go ahead with a sale.

Bids were expected from two contenders that had made preliminary offers: a group of local investors led by Stephen E. Taylor, a former Globe executive whose family owned the paper until 1993, and Platinum Equity, a private equity firm based in Beverly Hills that recently bought The San Diego Union-Tribune.

Read the whole story: nytimes.com

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Prospective buyers of The Boston Globe faced a Friday deadline for submitting firm bids, but it remained unclear what would happen next -- or even whether The New York Times Company would go ahead wit...
Prospective buyers of The Boston Globe faced a Friday deadline for submitting firm bids, but it remained unclear what would happen next -- or even whether The New York Times Company would go ahead wit...
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