Sunday, June 14, 2009

Buyers in the wings for Boston Globe

Even as the New York Times mulls over the prospect of shuttering the Boston Globe over unresolved union disputes and financial losses, the Beantown paper continues to provide dramatic updates on its own situation.

On Friday, the Globe supplied yet another chapter in a volatile family squabble that has continued for months. It reported that three Boston businessmen - "a Boston Celtics owner, a former advertising mogul and a member of the family that ran the Globe for generations" - were waiting in the wings to bid on the 137-year-old paper.

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