WGBH to Acquire GlobalPost, Merge Part of News Team With PRI

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When Philip S. Balboni launched GlobalPost in 2009, he made a bold bet that the international digital news service could eventually thrive as a for-profit company.

That bet, in the end, didn’t pay off as he hoped. Despite the long list of awards GlobalPost’s news team racked up, the Boston company never made it into the black.

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