The New York Times announced
it planned to unload The Boston Globe and its related properties, which would
further strip the company of assets outside of the paper of record.
As Bloomberg News reported
earlier, and the Times confirmed, the company is working with Evercore
Partners, an independent investment firm, to assist with the process.
The properties in the New England Media Group that are for
sale include the Globe along with the Worcester Telegram & Gazette and
their respective Web sites and GlobeDirect, the Globe's direct mail marketing
company.
