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Boston Globe says sale of paper, affiliated companies to Red Sox owner John Henry is finalized
Reported by: Associated Press
Reported: Thursday, October 24, 2013 4:45 PM EDT
The Boston Globe says its sale to principal Boston Red Sox owner John Henry is finalized.
The Times announced in February it was putting the Globe up for sale four years after calling off a previous attempt to sell it. The company's CEO said at the time that selling the Globe would help it focus attention on The New York Times brand.
The deal was briefly held up by a restraining order in a lawsuit against the Telegram & Gazette of Worcester , part of the New England Media Group along with the Globe. That order was lifted Thursday.