In the predawn hours of August 3, 2013, both "The Boston Globe" and "The New York Times" carried stories on their web sites reporting that Henry had agreed to purchase the former along with the "Telegram & Gazette" newspaper of Worcester, Massachusetts and related New England media properties for $70 million in cash from The New York Times Company, which had paid $1.1 billion for "The Globe" in 1993. The "Globe"s story described Henry as "a personally shy businessman with a history of bold bets." The "Times" story quoted "Times" spokesperson Eileen Murphy as confirming the sale deal.