Henry, NYT set Oct. 15 Deadline for Globe Sale

Like & Share E&P:
RSS
Follow by Email
Facebook
Facebook
Google+
http://www.editorandpublisher.com/news/henry-nyt-set-oct-15-deadline-for-globe-sale/
LinkedIn

By: Craig Douglas | Boston Business Journal

Billionaire investor John Henry and The New York Times Co. have set an Oct. 15 target date to close on the $70 million sale of The Boston Globe and its parent, the New England Media Group, according to a source familiar with the deal’s terms.

People close to the Globe’s operations say the 64-year-old Henry and his wife, Linda Pizzuti, have been a near-daily presence at the company’s Morrissey Boulevard headquarters in Dorchester since his winning bid for the media giant was announced Aug. 2. Those sources say Pizzuti in particular has shown a strong interest in the company’s production operations, namley the 330,000 square feet of space housing the Globe’s printing presses in Boston.

Comments:

Your email address will not be published. Required fields are marked *