Boston - Despite reported interest by some private investors, including Jack Welch, the former CEO of GE, and advertising executive Jack Connors, the New York Times Co. does not intend to sell The Boston Globe, Janet Robinson, CEO of the parent company, told reporters on Thursday.
Last week, The Boston Globe said that it is offering voluntary buyout packages to employees of the Boston Globe and the Worcester Telegram & Gazette, in a plan to cut a total of 125 positions from the two newspapers.
Recently, JPMorgan Chase reportedly valued The Boston Glob at half what the New York Times Co. paid for it in 1993.
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Boston - Despite reported interest by some private investors, including Jack Welch, the former CEO of GE, and advertising executive Jack Connors, the New York Times Co. does not intend to sell The Boston Globe, Janet Robinson, CEO of the parent company, told reporters on Thursday.
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