The New York Times Company may be facing some serious scrutiny over its planned sale of the Boston Globe to Boston Red Sox owner John Henry for a mere $70 million, after having paid $1.1 billion in 1993. The owner of the San Diego Union-Tribune, Douglas Manchester, is alleging that his higher bid was rejected by the company. John Lynch of the Boston Herald writes: A losing Boston Globe contender is claiming his San Diego media company outbid Red Sox owner John Henry - and would have gone even higher - a bombshell allegation that he says could delay the deal and leave the New York Times Co. open to shareholder backlash. "We bid significantly more than Henry," said John Lynch, the CEO of U-T San Diego, one of the Globe finalists. "At the end of the day, I'm certain our bid was higher and could have been a lot more higher if they had just asked. I'm just stunned. I thought this was a public company that had a fiduciary duty to get the most by its stockholders. ... From the beginning,...(Read Full Post)