The New York Times Plans to Sell the Boston Globe (Again)

The Boston Globe is officially up for grabs.

The New York Times Company announced Wednesday that it plans to sell the New England Media Group, which includes The Boston Globe, Boston.com and The Worcester Telegram & Gazette. The Times is also looking to sell off its 49% stake in Metro Boston.

Our plan to sell the New England Media Group demonstrates our commitment to concentrate our strategic focus and investment on The New York Times brand and its journalism, said Mark Thompson, president and CEO of The New York Times Company, in a statement. "We are very proud of our association with the Globe and the Telegram & Gazette, but given the differences between these businesses and T…
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