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Globe, Union Reach Deal

HeadlineMay 06, 2009

And the Boston Globe has reached a tentative agreement with its largest union amidst threats of the newspaper’s closure. The New York Times Company had threatened to close the Globe within sixty days if workers did not agree to a series of major financial and contract concessions. The Newspaper Guild says the deal will ensure the Globe’s continued publication. Meanwhile, on Capitol Hill, Senator John Kerry is set to hold a hearing today on the future of newspapers.

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