NEW YORK — Ten months after the Pohlad family announced it was exploring a sale of the Twins, the family has decided that it will instead retain control over the team that it has owned for four decades.

“After a detailed and robust process, our family will remain the principal owner of the Minnesota Twins,” executive chair Joe Pohlad said in a statement on behalf of the family.

Instead of selling the team fully, the Twins will take on two “significant limited partnership groups, each of whom will bring a wealth of experience and share our family values,” Pohlad said in the statement.

The family has owned the Twins since 1984, when Carl Pohlad purchased it for $44 million. After his death, his son Jim took over as chairman in 2009. Joe, Carl’s grandson, has been the organization’s execut

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