OTHER NEWS - Sept. 29, 1993
From Times Staff and Wire Reports
New York Times’ Takeover of Boston Globe Approved: Shareholders of the Globe’s parent company overwhelmingly approved the $1.1-billion takeover of the newspaper by the Times, consummating the biggest deal in U.S. newspaper history. Affiliated Publications Inc. Chairman William O. Taylor, the Globe’s publisher whose family has owned the New England daily since 1872, announced the vote at a brief and subdued special shareholders meeting. New York Times Co. shareholders have also approved the deal.
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