The New York Times Co. could be close to reaching a deal to sell its remaining stake in the Boston Red Sox to other minority owners of the team, according to people briefed on the talks. The Times Co. in February sold 100 units of the Fenway Sports Group, which includes the Red Sox, for $30 million, according to a filing with regulators. The company’s remaining 210 units in the Fenway Group and the Red Sox amount to about a 5 percent stake.
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Thread on prior sale of NY TImes shares last July.
Hope this happens, if for no other reason than to rid this club of any last vestige of a New York ownership connection, no matter how tangential or inconsequential. It'll also be nice not to hear any more whining about how it supposedly influences pro-Sox coverage in the Globe.