Real estate magnate eyes Worcester, Mass., paper

AP News
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Posted: Dec 03, 2009 5:23 PM

Billionaire real estate magnate and Worcester native Jeff Greene is reportedly among those interested in buying Worcester's Telegram & Gazette from its owner, The New York Times Co.

The president of Greene's Florida-based investment company has told the Telegram & Gazette that it is among the business opportunities the firm is evaluating. Bret Berlin would not say whether Florida Sunshine Investments has made a formal bid.

Greene would be competing with a local group led by retired Telegram & Gazette editor Harry Whitin and Polar Beverages Co. chief executive Ralph Crowley. Whitin says the Times Co. has received a bid from his group.

The Times Co. announced in October that it would not sell The Boston Globe but left open the possibility of selling the Worcester newspaper.

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Information from: Telegram & Gazette, http://www.telegram.com