Rus News Journal

The New York Times has refused sale Boston Globe

Today, on October, 15th, it became known that representatives of The New York Times have refused to sell the American newspaper The Boston Globe.
As informs AFP, The New York Times management has explained the given act considerable improvement of financial indicators The Boston Globe . Such result, it is told in the service record directed to employees of the newspaper, it was possible to reach at the expense of an embodiment in plan life on financial improvement of the edition accepted in the beginning of 2009

According to representatives of The New York Times, wished to remain unknown persons, the decision to refuse edition sale is connected, first of all to that wishing to get The Boston Globe offered for it too small sum. The New York Times, as they said, has received two offers on purchase The Boston Globe. Both applicants were ready to pay for the edition no more than $35 million

In the beginning of August of The New York Times has involved Goldman Sachs for studying of a question on sale belonging to it New England Media Group which owns edition Boston Globe with 137 - summer history and other mass media. Last year the edition has suffered losses at a rate of $50 million during the current year they $85 million

were predicted at level