The Boston Herald is subject to a court-approved sale after declaring bankruptcy, so a judge will ultimately decide which bidder gets the struggling tabloid newspaper. Gatehouse Media put in a $5 million bid that is mostly cash ($4.5 million), but Revolution Media Group, which used to own The Tampa Tribune, has bid $5.75 million, with only $3 million cash.
The Boston Herald is subject to a court-approved sale after declaring bankruptcy, so a judge will ultimately decide which bidder gets the struggling tabloid newspaper. Gatehouse Media put in a $5 million bid that is mostly cash ($4.5 million), but Revolution Media Group, which used to own The Tampa Tribune, has bid $5.75 million, with only $3 million cash.…
