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The Guardian - UK

Roy Greenslade

'Neutron Jack' may buy Boston Globe

Jack Welch, the former head of General Electric, is weighing up a $600m (£319m) bid to buy the Boston Globe from the New York Times. Known as "Neutron Jack" for his cost-cutting, Welch has teamed up with Jack Connors, a Boston advertising executive, and they aim to build a consortium of like-minded Boston business people to complete a deal. The New York Times recently implied that it might be prepared sell the ailing Globe. (Via The Times)

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