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The buyer was Fidelity Investments' Community Newspaper Company, which in 1993 was already the dominant weekly newspaper publisher in north and west suburban Boston. Beacon Communications filled a hole in CNC's coverage arc from MetroWest (Tab Communications) to Essex County (Bay State Newspaper Company and North Shore Weeklies).
To raise money for other obligations, the trust sold the papers in 1996 to CNC, then part of Fidelity Investments. CNC managers, upon their purchase of Alta, said they were most interested in the Milford property, which bordered the coverage area of two CNC dailies—the Middlesex News and the Dedham Transcript .
Fidelity Investments, formerly known as Fidelity Management & Research (FMR), is an American multinational financial services corporation based in Boston, Massachusetts.. Established in 1946, the company is one of the largest asset managers in the world, with $5.8 trillion in assets under management, and $15.0 trillion in assets under administration, as of September 2024
Fidelity is available to take calls over the phone 24 hours a day, 7 days a week, while also offering email and chat support. You can also get questions answered at one of the more than 200 branch ...
Abigail Pierrepont Johnson [1] (born December 19, 1961) is an American billionaire businesswoman and the granddaughter of late Edward C. Johnson II, the founder of Fidelity Investments. [2] Since 2014, Johnson has been president and chief executive officer (CEO) of American investment firm Fidelity Investments (FMR), [ 3 ] and chair of its ...
This collaboration was MassMutual's first renewable energy investment in Europe. [77] [78] In April 2022, Massachusetts-based Fidelity Investments announced it would be the record keeping service provider of MassMutual's corporate 401K plan. [79] A total of 11,593 employees make up the company's global workforce. [80]
Today, Fidelity International handles investments for clients in Europe, Canada, EMEA and Asia, while the US-based Fidelity Management and Research handles investments for clients in the USA. In the same year that it was established, an office was opened in Tokyo, [ 4 ] followed by London in 1973, [ 5 ] Hong Kong in 1981 [ 6 ] and Taipei in 1986.
Originally a locally owned evening newspaper, the News was purchased by the Harte-Hanks newspaper chain as its first foray into Massachusetts journalism, in 1972. [2]By 1986, the paper sold 49,000 copies daily and 55,000 on Sunday, [3] and also published four Framingham-area weekly newspapers: the Town Crier papers in Sudbury, Wayland and Weston, and the Townsman in Wellesley.