Boston Globe says 2 bidders visit newspaper's headquarters, 3rd group may drop from processSeptember 15th, 2009 Globe says 2 bidders visit the Boston newspaperBOSTON — Two groups with an interest in buying The Boston Globe have reportedly toured the newspaper's headquarters in the past week, while a bid from a third group is looking less likely. The newspaper, citing unnamed sources familiar with negotiations, reported Tuesday that a group headed by Stephen Taylor, a member of the family that sold the newspaper for $1.1 billion to The New York Times Co., and a second group led by private equity investment firm Platinum Equity of Beverly Hills, Calif., met with Globe executives.
Boston Globe workers told by Times Co. that newspaper's finances improving, sale not certainSeptember 9th, 2009 Times Co. execs meet with Boston Globe workersBOSTON — Executives at the parent company of The Boston Globe say that the newspaper's finances have improved significantly and that a sale is not a certainty. The leaders of The New York Times Co.
Report: 2 of 3 groups bidding to buy The Boston Globe invited to tour the newspaperAugust 21st, 2009 Report: 2 Boston Globe bidders to tour the paperBOSTON — Two of the three groups bidding to buy The Boston Globe have been invited to a series of meetings at the newspaper in early September. The paper, citing anonymous sources familiar with the process, reported Friday that a group led by Stephen Taylor, a member of the family that sold The Globe to New York Times Co.
Report: 2 Boston groups place preliminary bids for Boston Globe, 1 suggests nonprofit modelJuly 31st, 2009 Report: 2 preliminary bids placed for Boston GlobeBOSTON — The Boston Globe is reporting that two Boston groups have submitted preliminary bids to buy the newspaper. Citing unnamed people with knowledge of the offers, the Globe reported Friday that the bids were submitted Thursday, meeting a deadline set by its owner, The New York Times Co.
Report: Potential buyers of Boston Globe given more time to prepare bidsJuly 7th, 2009 Deadline for Boston Globe bids reported postponedBOSTON — The Boston Globe's owners have reportedly postponed a deadline for potential buyers of the newspaper to submit their initial bids. The New York Times Co., which owns the Globe, had set a Wednesday deadline for nonbinding bids.
Union says it's hopeful after meeting with Boston Globe, labor board; no resolution yetJune 16th, 2009 Talks continuing between Guild, Boston GlobeBOSTON — The Boston Newspaper Guild says it is hopeful after a meeting with managers at The Boston Globe and the National Labor Relations Board. Dan Totten, president of the Guild, said in a statement released early Tuesday that talks would resume later in the day.
Globe: 3 businessmen with Boston roots emerge as possible buyers for struggling newspaperJune 12th, 2009 Globe: 3 possible buyers of newspaper emergeBOSTON — The Boston Globe reports that three area businessmen, including a member of the family that once owned the newspaper, have emerged as possible buyers. The paper reported Friday that those who have expressed interest are Stephen Pagliuca, a private equity executive and co-owner of the NBA's Boston Celtics; Jack Connors, cofounder of a Boston advertising firm and chairman of Partners HealthCare; and Stephen Taylor, a former Globe executive whose family sold the paper to the New York Times Co.
Boston Globe: Newspaper reaches deal with largest union after all-night negotiationsMay 6th, 2009 Boston Globe: Newspaper reaches deal with unionBOSTON — A spokesman for the Boston Globe says the newspaper has completed negotiations with its largest union. The Globe reports on its Web site that the newspaper and the Boston Newspaper Guild reached a tentative settlement early Wednesday on major contract concessions.
Boston Globe largest union says owner threatens shutdown as deadline for concessions loomsMay 4th, 2009 Boston Globe's Guild says owner threatens shutdownBOSTON — The Boston Globe's largest union says the newspaper's owner responded to its proposal of $10 million in concessions with a copy of a notice threatening to shut down the newspaper in 60 days. The Boston Newspaper Guild says Globe management told the union it's prepared to file the notice if negotiations are not successful by a midnight Sunday deadline.
Boston Globe union heads called to meeting as deadline for concessions for Times Co. loomsMay 4th, 2009 Times Co., Boston Globe approach midnight deadlineBOSTON — Management for The Boston Globe has called its union leaders to a meeting before a deadline to meet concessions demanded by the newspaper's owner, The New York Times Co. A report on the Globe's Web site says leaders of the three largest unions were told to be prepared to "enter negotiations or receive a message from the company."
Union leaders say the Times Co.
Times Co., Boston Globe unions resume negotiations, face another deadline to make concessionsMay 3rd, 2009 Times Co., Boston Globe unions resume negotiationsBOSTON — Labor union leaders at The Boston Globe say the deep cuts in workers' pay and benefits they're offering should be more than enough to save the newspaper, which has been threatened with closure by its owner, The New York Times Co. The Boston Newspaper Guild, the Globe's largest union, released a statement Sunday saying its proposed concessions meet the needs of management, and the union is confident the Times Co.
NY Times Co., Boston Globe unions resume negotiations over concessions, face another deadlineMay 3rd, 2009 Times Co., Boston Globe unions discuss concessionsBOSTON — Labor union leaders at The Boston Globe continue to meet with representatives of the newspaper's owner, The New York Times Co., about contract concessions management says are needed to keep the Globe running. A Boston Newspaper Guild spokesman says the talks are expected to last late into Sunday night.
Boston Globe union granted deadline extension to Sunday to make $20M in concessionsMay 2nd, 2009 Boston Globe union granted deadline extensionBOSTON — Negotiations between unions at The Boston Globe and its owner, The New York Times Co., will continue after the company agreed to extend its midnight deadline for the newspapers' employees to make $20 million in concessions. "Because there has been progress on reaching needed cost savings, The Boston Globe will extend the deadline for reaching complete agreements with its unions until midnight Sunday May 3," Globe spokesman Robert Powers said in a statement.
Boston Globe union reportedly asks for deadline extension on contract concessionsMay 1st, 2009 Report: Globe union asks for deadline extensionBOSTON — Leaders of The Boston Globe's largest union have reportedly asked the newspaper's owners to extend the deadline for millions of dollars worth of concessions. The Boston Globe reported Friday union leaders are making the extension request after discovering what they are calling a $4.5 million accounting error.
Red Sox owners deny reports they might buy Boston Globe from New York Times Co.April 30th, 2009 Red Sox owners say no interest in Boston GlobeBOSTON — The owners of the Boston Red Sox are denying reports that they might try to buy the struggling Boston Globe. The team released a statement Thursday that said neither owners John Henry and Tom Werner nor any other affiliates of the Red Sox were involved in efforts to buy the newspaper.