Groups with local ties interested in buying Globe - Boston News, Weather, Sports | FOX 25 | MyFoxBoston

Globe: At least 3 investor groups with local ties interested in buying newspaper

Posted: Updated:

( – The Boston Globe says at least three investor groups with local ties are interested in buying the cash-strapped newspaper.
The narrowed field of bidders includes members of the Taylor family that formerly owned the Globe, Boston Red Sox owner John Henry and Robert Loring, a Massachusetts native who owns the Tampa Tribune.

Sources say the competing bids range from $60 million to $80 million, which is a deal, considering the New York Times bought the Globe for $1.1 billion in 1993.

Read more: The Boston Globe

Powered by WorldNow

25 FOX Drive
Dedham, MA 02026

Phone (781) 467-2525

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | New Terms of Service What's new | Ad Choices