From Saturday’s Boston Globe piece on the paper’s expected fire sale to either a group headed by Stephen Taylor, a member of the family that sold the Globe to the New York Times Co. in 1993 for $1.1 billion, or Platinum Equity a California-based investment firm that everyone assumes will strip the Globe like a car left overnight on the Cross-Bronx Expressway:
The Taylor team is up against a deep-pocketed Beverly Hills, Calif., investment firm, Platinum Equity, which has acquired 100 companies since 1995. Both groups bid about $35 million for the Globe and the Worcester Telegram & Gazette, plus the assumption of $59 million in pension liabilities for the two papers. The Times Co. also owns the T&G and may sell it along with the Globe.
What – the Worcester T&G is a gift with purchase? Cue the great American poet e.e. cummings on the demise of the Wild West era, which is analogous to today’s frontier media moment:
Buffalo Bill's defunct who used to ride a watersmooth-silver stallion and break onetwothreefourfive pigeonsjustlikethat Jesus he was a handsome man and what i want to know is how do you like your blueeyed boy Mister Death