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Boston Globe just sold for $70 million

 
 
Reply Sun 4 Aug, 2013 02:02 am
or 6 cents on the dollar for what NYT paid for it in 1993, accounting for inflation probably makes this 4% of what it was worth 20 years ago.

WOW!

And this is still a highly respected paper. BYE BYE goes the newspaper industry.....
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oralloy
 
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Reply Mon 5 Aug, 2013 03:49 pm

Washington Post was just sold.
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