Entries tagged "Boston Red Sox"
Did The New York Times scoop about Red Sox slugger David Ortiz hurt the media company's efforts to sell the team and stave off bankruptcy of the newspaper chain?
Ex-Red Sox pitcher Curt Schilling is making headlines again for a fittingly fantastical vision of taking on 'World of Warcraft' in a battle for online fantasy role-play dominance.
Boston Globe bidders Jack Connors and Bain Capital dealmaker Steve Pagliuca may join forces, leading to speculation of a joint bid for the Times Co.'s Red Sox stake.
The Times has been busy restructuring to cut expenses, extend debt payments and attract more revenue. Despite these initiatives it is expected to post a loss of between 3 cents to 6 cents per share.
NYT chairman Arthur Sulzburger Jr. appeared on CNBC Friday saying the environment for newspapers "is the worst I've ever seen."
It's no secret that media company New York Times Co. is searching for extra cash to keep its struggling company afloat. One option some analysts and bankers are suggesting, according to Reuters, is that the Times could score some cash -- up to $200 million to be exact -- via a sale of its 17% stake in the Boston Red Sox. ...
