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http://www.reuters.com/article/2013/08/03/us-usa-nytimes-globe-idUSBRE97205L20130803Saturday, August 03, 2013
New York Times sells Boston Globe to Red Sox owner | Reuters - The New York Times Co has agreed to sell The Boston Globe to the principal owner of the Boston Red Sox baseball team for $70 million in cash, a small fraction of what the Times paid for the newspaper 20 years ago. - Under the transaction announced Saturday, Red Sox owner John W. Henry got the Boston Globe for less than a tenth of what the New York Times paid when it bought the newspaper for $1.1 billion in 1993
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