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December 31, 2008

NYT Continues Selling Assets to Make Up for Losses in Main Business; Now for Sale -- Their Stake in the Boston Red Sox

Selling out.

Doesn't it make more sense to keep the valuable real estate and profitable shares in sports franchises and sell the thing that's actually losing money, i.e., the frickin' newspaper itself?

But that would mean that "Pinch" would have to seek a job from employers who are not blood relatives. And I think we know how that would go.


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posted by Ace at 05:13 PM

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