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2013-08-03 Home Front: Culture Wars
Boston Globe sold for $70 million
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Posted by badanov 2013-08-03 00:00|| || Front Page|| [7 views ]  Top

#1 Paid $69.999M too much if they didn't throw in the real estate it occupies.
Posted by Procopius2k 2013-08-03 09:37||   2013-08-03 09:37|| Front Page Top

#2 2013: "Mr Henry, 63, estimated by Forbes to be worth $1.5bn, made his fortune from financial investments."

2020: "Mr Henry, 70, estimated by Forbes to be worth $0.25bn, made his fortune from financial investments. He is highly regarded among the Boston elite"
Posted by Frank G on the road 2013-08-03 09:40||   2013-08-03 09:40|| Front Page Top

#3 He is highly regarded among the Boston elite
That explains the lack of outcry by the progs. He's one of theirs.
Posted by AlmostAnonymous5839 2013-08-03 10:32||   2013-08-03 10:32|| Front Page Top

#4 NYT loses money on every investment, but they make up for it in volume - liberal wisdom
Posted by Frank G on the road 2013-08-03 11:09||   2013-08-03 11:09|| Front Page Top

#5 ...ah, yes, the Detroit strategy. Spend billions on 'reviving' downtown. How'd that work out?
Posted by Procopius2k 2013-08-03 11:27||   2013-08-03 11:27|| Front Page Top

#6 Instapundit says:
KEEP THIS IN MIND WHEN THEY OPINE ON THE ECONOMY: New York Times Sells Boston Globe For $70 Million; Bought It For $1.1 Billion.
Posted by g(r)omgoru 2013-08-03 12:45||   2013-08-03 12:45|| Front Page Top

#7 I think he's just buying the land & building; Globe's been losing $ for over a decade now.
Posted by Raj 2013-08-03 13:13||   2013-08-03 13:13|| Front Page Top

#8 Whatever someone paid it was too much
Posted by DarthVader 2013-08-03 14:13||   2013-08-03 14:13|| Front Page Top

#9 I cannot believe they paid anything considering Elvis Globos pension liability

Are the Sox buying more slobbering coverage from the jock sniffers?

No need. When the Sox dropped Toto (the guy who won two series) be leaked marriage and pain killer issues about him. Reported where? Guess.
Posted by regular joe 2013-08-03 15:50||   2013-08-03 15:50|| Front Page Top

#10 Elvis = El and Toto = Tito...
Posted by regular joe 2013-08-03 15:53||   2013-08-03 15:53|| Front Page Top

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