- Cape student sues, accuses school officials of slamming her to ground multiple times (04/28/16)45
- Bob Evans restaurant in Cape Girardeau among chain's 21 closings (04/26/16)9
- Missouri House votes to allow concealed weapons without permits (04/28/16)6
- Two hurt in motorcycle wreck on Interstate 55 (04/25/16)1
- Law firm requests information about Cape's traffic cameras (04/25/16)2
- Local lawmakers split over failed medical marijuana bill; voters may have a say (04/26/16)19
- Police report filed, but no charges in incident at Cape Central (04/29/16)35
- Tanker truck catches fire near Oak Ridge (04/24/16)7
- Local company makes eco-friendly kitty litter that cuts cat-box smell (04/25/16)
- Senator introduces bill for I-57 that would connect Sikeston with Little Rock (04/28/16)4
Report: Initial bids due to buy Boston Globe
BOSTON -- A deadline is approaching for the possible sale of The Boston Globe.
The New York Times Co., which owns the Globe, has set a Wednesday deadline for initial, nonbinding bids. That's according to a confidential letter sent by Goldman Sachs to potential buyers. The letter was obtained by the New York Times.
The letter says after the initial bids, the company will decide which potential buyers will participate in a second round of bidding.
Potential buyers could include Boston Celtics co-owner Stephen Pagliuca, Partners HealthCare chairman Jack Connors and Stephen Taylor, a former Globe executive whose family sold the newspaper to the Times Co. in 1993.
The Times Co. has said the Globe had $50 million in operating losses in 2008.