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River Ave. Blues ยป NY Times hires Goldman Sachs to sell interest in Red Sox

NY Times hires Goldman Sachs to sell interest in Red Sox

January 28, 2009 by Joe Pawlikowski 17 Comments

Musings on Adam Dunn
Open Thread: Getting what you pay for

I’m sure I’m not the only one who thinks it strange that The New York Times Company owns a stake in the Boston Red Sox. It’s not only that, though. They own 17.75 percent of New England Sports Ventures, which also includes a stake in Fenway Park, 89 percent of NESN, and 50 percent of NASCAR’s Roush Fenway Racing team. This morning, NYTCo announced that they’ve hired Goldman, Sachs & Co. to “explore the possible sale” of this asset.

Hey, maybe this is where Mark Cuban gets his in…

Musings on Adam Dunn
Open Thread: Getting what you pay for

Filed Under: Asides Tagged With: Red Sox

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