My boss was up and about to nab it (6)

I believe the answer is:

editor

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'my boss' is the definition.
(I've seen this before)

I don't understand how the remainder of the clue works.

(Other definitions for editor that I've seen before include "Director of newspaper" , "Rag worker" , "Director of publication" , "Or tied up my boss" , "Head of a newspaper say" .)

I've seen this clue in The Telegraph.

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