New York Times Co. (NYSE:NYT): Current price $10.85
New York Times Co. might well get a price for The Boston Globe around one-tenth of what it paid in 1993, which would indicate the industry’s sharp slide over the past two decades. Knowledgeable sources say that the bids are could come in the range of $100 million. Potential suitors include the former Globe President Rick Daniels, and the former Time Inc. Chief Executive Jack Griffin, in partnership with the cousins Steven and Ben Taylor, whose family once owned the newspaper.
Are these stocks a buy or sell? Let us help you decide. Check out our Stock Picker Newsletter now.