The $1.028 billion cash and stock takeover of the Globe's owner by the New York Times Co. ( in 1993 is probably the worst newspaper purchase in history. And that's saying something. In October, the Times unloaded the Globe and the Worcester (Mass.) Telegram & Gazette, which it bought for $296 million in cash in 2000, for a combined $70 million. That's about 95% less than it paid. To add a drumstick, the Times Co. ( )as I've written before) failed to use a double horizontal dummy (love that name!) structure to do the Globe buyout, and as a result lost a $160 million tax deduction that it could have had. That makes Times Co.'s income tax bill about $60 million higher than it had to be. I take no special delight in tormenting the owner of the New York Times, a Fortune competitor. But I just can't resist cackling about a turkey deal that involves a missing double dummy. Who could?