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Times Co. expects sale of Sox stake

In earnings call, CEO says Globe is on stronger footing

The New York Times Co. said second-quarter profit climbed 85 percent over the same period last year, but ad revenue is off. The New York Times Co. said second-quarter profit climbed 85 percent over the same period last year, but ad revenue is off. (Mark Lenihan/Associated Press File)
By Casey Ross
Globe Staff / July 24, 2009

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The New York Times Co. said yesterday it expects by January to sell its stake in the Boston Red Sox and New England Sports Network. But the company’s executives declined to address the possible sale of The Boston Globe. (Full article: 828 words)

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