Date

Wed - 13.12.2017


suburban newspapers

Today is shaping up to be a crucial day for Sun-Times Media Group Inc. (STMG), the Chicago Tribune observed Sunday.

By 5 p.m., the STMG and its unions will know whether other buyers have emerged to challenge Chicago financier Jim Tyree's US$26.5 million offer for the Chicago Sun-Times and more than 50 suburban newspapers, paidContent also reported.

Despite rumors that Tribune Co. (which owns Sun-Times rival the Chicago Tribune) might launch a surprise bid for Sun-Times Media's assets, sources say that isn't likely to happen, PoynterOnline reported Sunday.

Author

Leah McBride Mensching

Date

2009-10-05 16:56

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