
                         Roanoke Times
                 Copyright (c) 1995, Landmark Communications, Inc.

DATE: WEDNESDAY, June 2, 1993                   TAG: 9306020099
SECTION: BUSINESS                    PAGE: C5   EDITION: METRO 
SOURCE: 
DATELINE: NEW YORK                                LENGTH: Short

NEW YORK TIMES MAY BUY BOSTON GLOBE

The New York Times is close to buying The Boston Globe for $1 billion, according to a published report.

Time magazine reports in its June 7 issue that The New York Times Co. and Affiliated Publications, the Globe's parent, have been negotiating since January and a sale "seems imminent."

Richard P. Gulla, public relations director for the Globe, declined to comment. - Associated Press

by CNB