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Gatehouse Media Buys the Herald

December 8, 2017 By JimC

Shocking news. An even more shocking price.

Bob McGovern‏Verified account @BobMcGovernJr
5m5 minutes ago
The Herald sold for $4.5 million, cash, among other considerations. @be_d asked the question.

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Comments

  1. thegreenmiles says

    December 8, 2017 at 4:43 pm

    For once, they bought a paper they can’t make any worse … I hope?

    • Trickle up says

      December 8, 2017 at 11:36 pm

      Hope springs eternal, but I fear you are wrong.

  2. JimC says

    December 11, 2017 at 9:36 am

    BMG buyout? We could top the Gatehouse offer.

  3. AmberPaw says

    December 13, 2017 at 10:21 pm

    Well, its way larger than any retirement account I have. Sorry. I cannot help BMG outbid gatehouse at the bankruptcy auction.

    • JimC says

      December 14, 2017 at 10:58 am

      ? I’m puzzled by your tone, but maybe I’m misreading it. Auction or no auction, it would be good if someone bought the Herald. Even if they didn’t improve it, it’s healthy to have an alternative to the Globe.. But someone might improve it.

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