The spec­u­la­tion had been building since Wednesday, when the Boston Globe reported that Red Sox prin­cipal owner John Henry had restruc­tured his bid to buy the paper.

It reached a peak on Friday after­noon, when leg­endary base­ball reporter Peter Gam­mons — him­self a Globe alumnus — posted a one-​​line item on his new web­site, Gam­mons Daily: “A source says the New York Times Cor­po­ra­tion has chosen John Henry as the new owner of the Boston Globe.”

Con­fir­ma­tion came early today, as the Globe and the New York Times each reported that Henry had pur­chased the Globe and its asso­ci­ated prop­er­ties — most promi­nently Boston​.com and the Telegram & Gazette of Worcester — for $70 mil­lion. The Globe’s storyled page one, whereas the Times’ ver­sion appar­ently didn’t even make it into today’s print edition.


Read the article at Huffington Post →