BOSTON/Dorchester - By a vote of 366 to 179, members of the Boston Newspaper Guild approved a contract with Globe owner The New York Times Company. The deal, which includes wage and benefit cuts amounting to $10 Million was said by owners and employees alike to be necessary in order to keep the newspaper financially viable until a new owner can be found.
The Times has hired investment broker Goldman Sachs Company to find buyers for the Globe, the Worcester Gazette and Telegram, and Boston.com.



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