Thursday, September 10, 2009

Sun-Times can be saved, says CEO

The money-losing Sun-Times Media Group can be turned into a modestly profitable business by the end of 2011, says the chief executive who took the company into bankruptcy court and plans to stick around to lead it back into the black.“The days of a newspaper company running 20% to 35% margins are over and they will not return,” said Chairman Jeremy Halbreich, who joined the Sun-Times Group early

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