Boston Herald: Boston Globe Sale Delayed

World-Series-bound Red Sox owner John Henry is also newspaper-bound Boston Globe owner John Henry.

But not so fast, says crosstown rival Boston Herald.

Globe holds off closer

Sale with John Henry slides

The John Henry era will soon begin at The Boston Globe — though not as early as originally hoped — as the broadsheet prepares to end 121611globemh02.1two decades under the control of its out-of-town overlords.

A source close to the deal told the Herald yesterday that finalizing the purchase and executing the formal transfer of the newspaper from the Times to the Red Sox owner — which had been expected to happen sometime over the weekend — likely won’t take place until next week at the earliest.

Both the Globe and a rep for Henry declined comment yesterday, and a Times spokeswoman did not return calls or emails.

 

Big surprise there, yeah?

But no surprise here: Others say otherwise.

From NECN:

Screen Shot 2013-10-20 at 1.44.50 AMMoney Matters: Henry to close purchase of Boston Globe Saturday

According to the Boston Business Journal, Red Sox Owner John Henry will close on his purchase of the Boston Globe this Saturday. Henry is buying the New England Media Group, including the Globe, from The New York Times. The BBJ said he’ll also pay $65-million, down from the original $70-million bid.

 

Tiebreaker to come.

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2 Responses to Boston Herald: Boston Globe Sale Delayed

  1. Dan Kennedy says:

    I talked yesterday with a friend who works for the Globe. He told me he’s received his last paycheck from the Time Co. and that John Henry is supposed to be coming in to address the staff on Monday. But, gee, it’s certainly hard to disagree with “a source.”

    • Campaign Outsider says:

      Apparently the Herald has expanded its Department of Wishful Thinking.

      ________________________________________

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