M & A Law Prof Blog

Editor: Brian JM Quinn
Boston College Law School

Thursday, April 1, 2010

Red Sox Sold!

Not quite an April Fool's joke.  According to Bloomberg the NY Times, which owns a portion of New England Sports Ventures - the Red Sox parent, sold 50 its 750 units to Henry McCance of Greylock Partners.  The Times announced on an earnings call last summer that it planned to sell its 18% stake in the Sox by January 2009.  They're a little behind schedule and still looking for buyers I guess.  I wonder how much 1 unit costs?  Wonder if anyone will pitch in with me to by one? 



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