The Conservative Cave

Current Events => General Discussion => Topic started by: Mr Mannn on August 03, 2013, 08:12:06 AM

Title: New York Times Sells Boston Globe at 93% Loss
Post by: Mr Mannn on August 03, 2013, 08:12:06 AM

http://www.breitbart.com/Big-Journalism/2013/08/03/New-york-times-sell-boston-globe-at-93-percent-loss
New York Times Sells Boston Globe at 93% Loss

Quote

After purchasing the Boston Globe in 1993 for a then-record $1.1 billion, the financially troubled New York Times just announced it sold the 141 year-old paper to Boston Red Sox owner John Henry for a mere $70 million. That's a straight 93% loss. Figuring in two decades of inflation would only make it worse -- as does the fact the Times retains the Globe's pension liabilities, estimated at over $100 million. 
--snip. more at link

Heh heh heh.  :cheersmate:

Title: Re: New York Times Sells Boston Globe at 93% Loss
Post by: DumbAss Tanker on August 03, 2013, 10:28:28 AM

Mr. and Mrs. America, there's good news tonight!

 :-)

Title: Re: New York Times Sells Boston Globe at 93% Loss
Post by: obumazombie on August 03, 2013, 02:25:37 PM

It should hurt to be a lib, financially and otherwise.

Title: Re: New York Times Sells Boston Globe at 93% Loss
Post by: CG6468 on August 03, 2013, 02:59:57 PM

Quote from: obumazombie on August 03, 2013, 02:25:37 PM

It should hurt to be a lib, financially and otherwise.

"Should" is the operative word, but they'd never realize it nor admit it. They are sub-human creatures.