- ESPN Helps Boost Disney's Q1 Profit
- Under Armour Reports Q4 Revenue Growth
- ISC Sees Net Income Of $69.4M For FY '11
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- Nike Revenues Up 18% For Q2
- Walt Disney Sees Strong Q4 Earnings
- SMI Q3 Revenues Jump 43% From '10
- Under Armour Reports Strong Q3 Revenue
- Nike Sees Record Revenue In First Quarter
- Lagardère Posts 65% Drop In Net Profit
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SBD/Issue 71/Finance
Connors Denies Interest In Acquiring NESV Stake From N.Y. Times
Published December 30, 2008
Hill Holiday co-Founder Jack Connors Monday denied a report that he was in talks with N.Y. Times Co. to purchase the Boston Globe and the company's 17.5% stake in New England Sports Ventures, which owns the Red Sox, Fenway Park and 80% of NESN, according to Todd Wallack of the BOSTON GLOBE. Connors said of the Financial Times report, "There's nothing to it. I'm not buying The Boston Globe. I'm not buying anything that The New York Times owns." The report also described a "possible scenario in which prospective bidders would merge News Corp.'s Ottaway newspaper chain with the Globe and the Boston Herald," under which the Herald "would be closed." But Boston Herald Owner Patrick Purcell, who also serves as Ottaway Chair, said the report was "completely unfounded and not rooted in reality." Purcell said that he has "not had any discussions with any potential bidders for the Globe in his Ottaway role" (BOSTON GLOBE, 12/30).
