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Baseball and Newspapers No Longer A Mix
Philip M. Stone January 29, 2009
Tribune has agreed to sell its Chicago Cubs baseball franchise for a much needed $900 million – if the buyers, the billionaire Ricketts family, have trouble raising the cash maybe Carlos Slim could come through with a 14% loan -- and The New York Times Company says it is flogging its 18% interest in a New England sports venture that includes the Boston Red Sox baseball team.
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