When Red Sox owner John Henry won the bidding to purchase the Boston Globe this summer from the New York Times, there was great fanfare. Mentioned far less often is that Henry is also acquiring the Worcester Telegram and Gazette in the deal.
Boston Business Journal‘s managing editor, Craig Douglas, dived into the future and the finances of the T&G in an article this week. Douglas spoke with New England Public Radio’s Susan Kaplan and told her why his sources say Henry may try to get rid of the Worcester paper.
Henry’s purchase of the Boston Globe – and the Worcester Telegram & Gazette – is expected to close in the next two weeks.
Photo via Flickr from Svadilfari.