- New York Times' (NYSE:NYT) sale of the Boston Globe and Worcester Telegram & Gazette is stalled by a Massachusetts judge because it could complicate an unsettled class-action lawsuit related to news carriers' work classification.
- NYT had been due to seal the reported $70M deal for the papers and related businesses to Boston Red Sox owner John Henry on Friday, nearly three months after it was first announced.
Judge blocks New York Times' sale of Boston Globe
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| Symbol | Last Price | % Chg |
|---|---|---|
| NYT | - | - |
| The New York Times Company | ||