From a NYP article about the Boston Globe:
Another widely discussed option — selling the 137-year-old Boston paper — seemed less likely as potential buyers waved off any thoughts of owning the admired money-pit.
“It’s like trying to catch a falling knife,” said Jack Connors, the former head of Boston ad agency Hill Holliday, who was part of an attempt to buy the paper several years ago.
Jack Silbert, curator