Tuesday, March 31, 2009

Sun-Times outlook dire; break-up possible

The financial condition of the Sun-Times Media Group is far more dire than that any of the four newspaper companies that have preceded it in bankruptcy.The company’s bankruptcy filing today signals that management may be planning to break up the Sun-Times Group by selling a number of its 59 Chicago-area publications – if buyers can be found.Unlike the four other newspaper publishers that were at

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