[haroldeveryman]

“When it bought the Boston Globe for a record $1.1 billion in 1993, the New York Times Co. added one of the nation’s most acclaimed and profitable newspapers to its empire.”

The Times probably had Paul Krugman as its financial advisor.

[AmericanMade1776]

haroldeveryman wrote: “When it bought the Boston Globe for a record $1.1 billion in 1993, the New York Times Co. added one of the nation’s most acclaimed and profitable newspapers to its empire.”

And to think that in 16 years... the New York Slimes turned a profitable paper into a bankrupt one.