Former Globe executive in talks with Times Co. about sale

Rick Daniels, a former Boston Globe executive who most recently was president of Gatehouse Media, and Boston private equity investor Heb Ryan have been in discussions with the Times Co. and last month submitted a bid of about $100 million to buy The Boston Globe, according to a person with knowledge of the matter.

The bid included some pension liabilities, according to the person, who spoke on condition of anonymity because he was not authorized to discuss it publicly.


Ryan, whose mother was a sports reporter in Cleveland, has been interested in buying the Globe since soon after the Times Co. took it off the market in 2009. He had previously been working with other interested parties in mounting an attempt to buy the Globe.

Ryan did not return calls seeking comment; Daniels declined to comment on a potential purchase.

The Wall Street Journal first reported on the bid the two made to the Times Co.

Loading comments...
Real journalists. Real journalism. Subscribe to The Boston Globe today.
We hope you've enjoyed your free articles.
Continue reading by subscribing to for just 99¢.
 Already a member? Log in Home
Subscriber Log In

We hope you've enjoyed your 5 free articles'

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week
Marketing image of
Marketing image of