Money Clip: Former bidders upset over Globe sale

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August 5, 2013, 10:21 am
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(NECN) – CNBC’s Bertha Coombs joined NECN to discuss the top headlines in business news.

There has been fallout over the New York Times’ sale of the Boston Globe to Red Sox owner John Henry. Three other groups all claim that they made a larger bid than Henry.

Some are questioning the times’ sale process, saying the Times’ has a responsibility to maximize shareholder value.

The Obama administration has overturned a ban on the sale of older models of Apple’s iPhones and iPads.

Jet Blue has made upgrades with premium seats in the fronts of certain planes that can convert to flat beds.

Watch the attached video for more.

Tags: Obama, upgrade, John Henry, Boston Globe, Apple, New York Times , iphones, Jet Blue, money clip, i pad
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