Edgetho
Platinum Member
- Mar 27, 2012
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They hope to get $100 Million for a company they paid $1.2 Billion for.
If these people are so smart, if they have all the answers, if they have the right to tell us how to think, how to vote, what we should believe, who we should support....??
How come they're so stupid as to lose over ONE BILLION DOLLARS?
And BTW.... It couldn't happen to a nicer bunch of scumbags
New York Times Set to Sell Globe for Fraction of Purchase
New York Times Co. (NYT), which is accepting bids for the Boston Globe today, is likely to fetch a price thats about a 10th of what it paid in 1993, a sign of the industrys deterioration over the past two decades.
The bids are set to be in the range of $100 million, according to three people who asked not to be identified because the matter is private. The potential buyers include Rick Daniels, a former president of the Globe, and former Time Inc. Chief Executive Officer Jack Griffin, in partnership with cousins Steven and Ben Taylor, whose family once owned the newspaper, the people said.
Edge:
Maybe somebody should have told them that lying to their customer base day after day, year after year might tend to piss them off.
If they'd tell the truth once in a while......
Nah, couldn't do that. Then they wouldn't be libturds