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Deadline delayed for Globe bids

BOSTON — The Boston Globe’s owners reportedly have postponed a deadline for potential buyers of the newspaper to submit their initial bids.

The New York Times Co., which owns the Globe, had set a Wednesday deadline for nonbinding bids.

But the Globe reported Tuesday that Goldman Sachs & Co., the investment banking firm hired to manage the sale, has told interested parties they will be given more time to prepare offers for the Globe and the Worcester Telegram & Gazette.

People briefed on the process who asked not to be identified told the newspaper that no new deadline has been set.


Jet executive pleads guilty in crash

NEWARK — An executive of a charter jet company involved in a crash at a small New Jersey airport in 2005 has pleaded guilty to fraud.

Joseph Singh of Boca Raton, Fla., admitted in federal court Tuesday that he used unqualified pilots to fly charter customers for Platinum Jet Management, based in Fort Lauderdale.

One of those pilots was flying a commuter plane that failed to take off and slammed into a warehouse at Teterboro Airport. About 20 people were hurt.

Singh faces up to five years when sentenced in October.


Murtha donor faces kickbacks charges

PITTSBURGH — The former chief executive for a defense contractor with ties to Rep. John P. Murtha of Pennsylvania was charged by federal prosecutors with taking about $200,000 in kickbacks from a subcontractor.

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