Oak Hill Capital

The New York Times Co. to Sell Broadcast Media Group for $575 Million

Authored by dmw on January 4, 2007 - 1:28pm.
New York, N.Y. - The New York Times Co. has entered into an agreement to sell its Broadcast Media Group, consisting of nine network-affiliated television stations, their associated web sites, and the company's Digital Operating Center, to Oak Hill Capital Partners for $575 million.