The Boston Globe, Boston Herald, Wall St. Journal and others are reporting that Wellesley’s Aaron Kushner is spearheading a buyout group planning to make a bid for the New York Times’ New England Media Group, which includes the Boston Globe and Worcester Telegram & Gazette. The self-described “mission-driven entrepreneur” started and sold an Internet company called MyMove and later bought and led a greeting card company called Marian Heath that on its website says “Ladies buy lots of cards ’cause they like them.”
Kushner’s 2100 Trust said in a statement that the Globe “has been a pillar in the city, the Commonwealth and the region for more than a century. We believe that The Boston Globe’s strongest days can be ahead. It is essential that the Globe be positioned for its next 100 years. This will require the significant long-term investment that we intend to make. One of the principal areas of investment will be the newsroom, which is due for a significant increase.”
The Times had put the Globe on the market last year but pulled it off the market last fall, stating that the Globe’s finances had improved. The Times bought the Globe for $1.1 billion in 2003.
If it turns out the Times really isn’t interested in selling, the 37-year-old Kushner could always start small and make us an offer. Or we’d even settle for a greeting card.