Sources: Angels' Dipoto Out As GM Bettman, Coyotes Deny N.Y. Post Report Kings, Ranadive Coming Under Fire From Critics Lions Set To Host LGBT Pride Night Orlando City To Own USL Club Phillies' MacPhail To Observe For First Few Months NYC FC's Geography Paying Dividends Could 31-Year-Old Become Face Of Titans? Franchise Notes McDavid Offers Oilers Hope For Turnaround
CELTICS FINALIZE SALE OF TV STATION TO FOX
Published July 11, 1995
The Celtics announced the completion of the sale of Boston's WFXT to Fox Television Stations for $95M. The transaction includes a $95M cash payment and $10M in debt forgiveness. A Celtics spokesperson said the team has yet to determine "the amount of the gain it will realize from the transaction" (WALL STREET JOURNAL, 7/11). Celtics stock gained 1/8 on Monday to close at 20 7/8.