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NY Times to Sell Boston Globe

Another day, another newspaper sale. The New York Times Co. is selling the Boston Globe, the company confirmed Wednesday. The group is working with Evercore Partners to advise the sale, which would relieve the Times Co. of the last media brand outside the Times since they began shedding regional newspapers over the past year. A statement for the company said the move “demonstrates our commitment to concentrate our strategic focus and investment on The New York Times brand and its journalism.”