Posted by: youngragingbull | February 20, 2013

New York Times considering sale of Boston Globe

The New York Times Co. is considering a possible sale of the Boston Globe, Bloomberg reported on its website Wednesday.

Citing two unnamed sources, Bloomberg said NYT is working with Evercore Partners Inc. as an adviser to unload the media unit.

The Globe is the Times’ last domestic property that is not part of the core group of the newspaper company.

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