Sentinel & Enterprise's parent wins $12M Herald auction

Digital First Media, the Denver-based owners of the Fitchburg Sentinel & Enterprise, won the auction for ownership of the Boston Herald with an $11.9-million bid in a lengthy bankruptcy proceeding Tuesday night.
According to the Boston Herald's own reporting of its bankruptcy auction, the company outbid two other bidders, Revolution Capital and GateHouse Media, the latter of which owns the Worcester Telegram & Gazette, MetroWest Daily News, ...