Details emerge on Globe contract

Don Seiffert of the Boston Business Journal has some details on the proposed contract settlement between the Boston Newspaper Guild and Boston Globe management, news that I broke here on Friday afternoon. This is a huge step forward for the Globe, as three years of talks had become increasingly contentious.

As Seiffert notes, the two big takeaways are that management won on seniority and the union won on a clause that keeps the contract in effect in case the owners, John and Linda Henry, sell — although I think he’s on target in observing that management “may have used the threat of taking away that provision mostly in order to obtain other concessions from the union.”