New York Times Co. Said to Put Boston Globe Up for Sale

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By: Edmund Lee & Jeffrey McCracken | Bloomberg

New York Times Co. is formally exploring a sale of the Boston Globe, its only remaining business outside the core New York Times media brand, two people familiar with the matter said.

The publisher is working with Evercore Partners Inc. as an adviser for a possible sale, said the people, who asked not to be named because they weren’t authorized to speak publicly.

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