The New York Times Co. (NYT) is in active talks with several suitors to sell its remaining 16.6%...

|About: New York Times Co. (NYT)|By:, SA News Editor

The New York Times Co. (NYT) is in active talks with several suitors to sell its remaining 16.6% stake in the Red Sox, says CEO Janet Robinson. Speculation on the stake's price tag had once reached as high as $200M, but the valuation is now likely to be closer to $100M; NYT paid $75M for its 17.75% stake in 2002.

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