Agencia EFEFebruary 26, 2013 11:26
New York, Feb 21 (EFE).- The New York Times Company said it wanted to sell its New England Media Group division, which includes The Boston Globe and other publications, to focus on its core newspaper business.
The company bought The Boston Globe in 1993 for $1.1 billion in what was the biggest acquisition in its history, but that newspaper's total average daily circulation has plunged nearly in half over the past decade from more than 430,000 readers in 2002 to just over 230,000 at present.
Other assets the company will seek to shed include the Worcester Telegram
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