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The New York Times Sells The Boston Globe for $70 Million (NYT)
Monday, August 5, 2013 - 10:58am | 611In an effort to continue putting more focus on its core brand, The New York Times Company (NYSE: NYT), according to its flagship newspaper, The New York Times, has agreed to sell The Boston Globe and other related media properties to John W. Henry, principal owner of the Boston Red Sox. The...