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According to press accounts (including some in the foreign press), Papa Doug Manchester made a bid for the Boston Globe, but it came in too late for evaluation. Ergo, say these accounts, Manchester is not in the running. Apparently, the three finalists to buy the paper are the Taylor family, that owned the paper until selling it to the New York Times in the early 1990s; Boston Red Sox owner John Henry, and Robert Loring, a Massachusetts native who owns the Tampa Tribune. The bids apparently range from $65 million to $80 million. The Times bought it for $1.1 billion. That's quite a haircut.

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Comments

JustWondering July 16, 2013 @ 8:47 a.m.

Many more wise investments like that one by the NYT and they'll need the Obama Administration to rescue them. Lest he be without one of his staunchest advocates.

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Don Bauder July 16, 2013 @ 8:51 a.m.

JustWondering: Many expect the New York Times to go private. Best, Don Bauder

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JustWondering July 16, 2013 @ 8:53 a.m.

Makes you wonder what Manchester's end games in picking up print these papers whose business models are in deep financial distress. Even if their practices evolve to Internet priority, profit potential seem rather shallow.

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Don Bauder July 16, 2013 @ 1:26 p.m.

JustWondering: I suppose he thinks that the combination of online TV and print can rescue dailies. I think such a judgment is premature. I also wonder why he was late with this bid. Best, Don Bauder

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aardvark July 16, 2013 @ 1:21 p.m.

That would have been a very interesting political pairing between Manchester and the City of Boston.

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Visduh July 16, 2013 @ 8:57 p.m.

Hard to imagine, isn't it? Boston, Teddy K, and several decades of full-on liberalism meet Dougie. A collision and huge explosion.

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Don Bauder July 16, 2013 @ 9:10 p.m.

Visduh: A head-on collision that would have ended with citizens canceling subscriptions en masse. Best, Don Bauder

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Don Bauder July 16, 2013 @ 1:27 p.m.

aardvark: There is already a conservative daily in Boston. Two of them? Best, Don Bauder

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Visduh July 16, 2013 @ 8:59 p.m.

Oh, gee, another oxymoron. "Conservative" and "Boston" on the same breath? I'd guess that the other paper is conservative only in comparison.

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Don Bauder July 16, 2013 @ 9:13 p.m.

Visduh: The Boston Herald is conservative by Boston Globe standards. I doubt that it is by U-T standards. Best, Don Bauder

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monaghan July 17, 2013 @ 3:06 p.m.

The Herald is not wackadoo, but it is conservative enough, as Obama once said about Hillary's likability. Boston has plenty of blue-collar conservative residents. If Manchester produced SoCal Barbies on TV, the hoi-polloi would watch.

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Don Bauder July 17, 2013 @ 4:13 p.m.

monaghan: Oh yes. The blue noses will watch the raunchiest stuff, as long as they are not seen in public. I once saw a poll indicating that the highest viewership for Desperate Housewives and Sex in the City was in our most socially conservative states. Best, Don Bauder

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ClairemontTimes July 16, 2013 @ 11:43 p.m.

Things changed for the worse when the NYT bought it, massive layoffs, cutbacks etc. Hopefully new owners will appreciate what they have.

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Don Bauder July 17, 2013 @ 4:16 p.m.

ClairemontTimes: I'm not sure those massive layoffs and cutbacks came until the whole metro newspaper market went to hell, circa 2005-2006-2007. Correct me if I am wrong. Best, Don Bauder

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Letter to the Editor July 27, 2013 @ 12:43 p.m.

What a terrible thing to happen to what has been a terrific newspaper. I sincerely hope that they are not successful, although I understand that the Koch brothers are either backing them or are in contention to buy it, too.

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dwbat Aug. 3, 2013 @ 6:28 a.m.

The owner of the Boston Red Sox has bought the Globe for $70 million.

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