From Mediaite:
New York Times Co. May Sell The Boston Globe At A Loss
The Boston Globe Co. announced today that businessman Aaron Kushner is planning to buy the New England Media Group from its parent – The New York Times Co. – for $200 million, with a firm offer expected to come within the next few weeks. Kushner, the 38-year-old founder of an Internet company and CEO of Marian Heath Greeting Cards, Inc., issued a statement regarding his plans to bid, sharing that when “we have all of the pieces in place to not just purchase but enrich the institutions, we look forward to making a formal offer.”
From the redoubtable Dan Kennedy’s Media Nation:
Kushner bid to buy the Globe keeps inching along
A lightly publicized effort to buy the Boston Globe from the New York Times Co. continues to inch forward.
Casey Ross, writing in the Globe, reports that businessman Aaron Kushner is prepared to offer more than $200 million for the Globe, the Telegram & Gazette of Worcester and Boston.com. That’s considerably more than the $35 million figure that was bandied about two summers ago, which the Times Co. ultimately chose to walk away from.
No one even knows if the Sulzberger family would consider selling the Globe at this point, and Kushner is just a guy with money. What makes his bid interesting is that he’s pulled into his group such people as former Globe publisher Ben Taylor, his cousin Stephen Taylor, a former Globe executive, and Ben Bradlee Jr., a former top editor. (The Taylors were also involved in one of the efforts to buy the Globe two years ago.)
The Globe-sale storyline is starting to feel like the Sarah-Palin-presidential-run storyline:
Not. Gonna. Happen.

