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The sale is expected to close in the first quarter of 2012.
First went the CEO, then the regional dailies.
That's according to their (so-so) quarterly report.
She has to say this every quarter.
After yesterday's announcement, share prices dropped.
Even so, rumors that he did sent stock of the paper upwards.
It's a meager one that came on the back of big cuts, but it's a profit nonetheless!
It's similar to the one originally offered by parent organization the New York Times Company.
Though the paper is not definitely for sale, Arthur Sulzberger Jr. is already looking to see who might be interested.
By making steep pay and benefit cuts to the Boston Newspaper Guild, the company achieved the savings it needed to keep the paper alive.
The mogul's bid to buy up the large share of stock currently owned by Harbinger Capital was not accepted.
The weekday and Saturday editions will start costing $2 in June, and the Sunday paper will go up to $5 here in the city.
At stake is the fate of New England's most storied newspaper, but labor leaders say this latest move is just "bullying."
Today's displeasing news about the news.
A new 'Vanity Fair' profile tells us how the former editor of the New York 'Times' was making canny predictions about how the Internet would change the company. Too bad nobody listened.
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