In 1993, the NYTimes purchased the Boston Globe for $1,100,000,000. It sold the Boston Globe today for $70,000,000. That is an annualized return of -12.5 percent.
Red Sox owner in deal to purchase Globe
Form 8.5 (EPT/RI) - Accrol Group Holdings Plc
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*FORM 8.5 (EPT/RI)*
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