The seller is keeping the obligation to pay for $110M in pensions. So from the seller's standpoint they -- assuming all rights to profits are surrendered -- are

The seller is keeping the obligation to pay for $110M in pensions. So from the seller's standpoint they -- assuming all rights to profits are surrendered -- are walking away from the Globe with a $110M long-term obligation and $70M in cash, stock or whatever. Still not equivalent to saying it's a $40M loss since the pensions will be paid out over presumably a much longer time than the sale payments will be received.