You can now read 5 articles in a month for free on BostonGlobe.com. Read as much as you want anywhere and anytime for just 99¢.

Kraft Group not pursuing Boston Globe

The Kraft Group is no longer pursuing a bid to buy The Boston Globe, according to a person briefed on the plans of the New England Patriots owners.

As previously reported, the Krafts have held meetings with Globe managers and investment bankers for The New York Times Co., which is selling the Globe.

Continue reading below

However the group has now decided not to bid, according to the person briefed on the matter, who was not authorized to speak publicly.

Jonathan Kraft, president of the Kraft Group, has declined requests for an interview.

A Globe story Wednesday about the June 27 deadline for submitting bids included the Krafts on the list of possible bidders.

The Times Co. declined to comment.

Beth Healy can be reached at bhealy@globe.com.
Loading comments...
Subscriber Log In

You have reached the limit of 5 free articles in a month

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 BostonGlobe.com
Marketing image of BostonGlobe.com
Already a subscriber?
Your city. Your stories. Your Globe.
Yours FREE for two weeks.
Enjoy free unlimited access to Globe.com for the next two weeks.
Limited time only - No credit card required!
BostonGlobe.com complimentary digital access has been provided to you, without a subscription, for free starting today and ending in 14 days. After the free trial period, your free BostonGlobe.com digital access will stop immediately unless you sign up for BostonGlobe.com digital subscription. Current print and digital subscribers are not eligible for the free trial.
Thanks & Welcome to Globe.com
You now have unlimited access for the next two weeks.
BostonGlobe.com complimentary digital access has been provided to you, without a subscription, for free starting today and ending in 14 days. After the free trial period, your free BostonGlobe.com digital access will stop immediately unless you sign up for BostonGlobe.com digital subscription. Current print and digital subscribers are not eligible for the free trial.