NY Times Unloads Last of Red Sox Stake
May 16, 2012 by Seamheads · Leave a Comment
NY Times unloads last of Red Sox stake (via AFP )
The New York Times Co., has sold its remaining stake in the Boston Red Sox baseball team for $63 million as the struggling media group moves to focus on its core operations. A regulatory filing Friday said the New York Times Company sold its remaining 210 Class B shares of Fenway Sports Group “to multiple…
