Henry's financial firm shutting down

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Henry's financial firm shutting down

The future of the Red Sox will once again be a matter of discussion with the news that John Henry's Florida investment firm is shutting its doors.

According to the Wall Street Journal, the firm -- which, according to the Boston Globe, has been struggling since the beginning of the financial crisis in 2008 -- informed its clients via e-mail that it planned to close. Its assets have declined from 250 billion to less than 100 million.

Rumors have circulated since late last summer that Henry would sell his share of the Red Sox. Henry, whose group has owned the Sox since 2002, has denied the reports each time.

He could not be reached for comment on today's report.

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