Liverpool owner buys Boston Globe newspaper
The principal owner of Liverpool FC has entered into an agreement to buy the Boston Globe for $70m (€53m).
The Globe said the impending purchase marks businessman John Henry’s “first foray into the financially unsettled world of the news media”.
It said the deal will give Mr Henry the 141-year-old newspaper, its websites and affiliated companies.
The New York Times announced in February that it was putting the Globe, bought for $1.1bn (€831.1m) in 1993, and related assets up for sale four years after calling off a previous attempt to sell it.
Mr Henry said the Globe’s “award-winning journalism” and “its rich history and tradition of excellence” have established it as one of the most well-respected media companies in the country.
