Tuesday, March 31, 2009

Sun-Times files for bankruptcy

The Sun-Times Media Group filed for Chapter 11 bankruptcy Tuesday. The company owns the Chicago Sun-Times and many suburban newspapers. Chairman Jeremy Halbreich said the filing was important "to re-establish itself as a self-sustaining, profitable operation. That is worth fighting for.”

The Sun-Times Media Group now joins the Tribune Co. and the Star Tribune as Chapter 11 filers.

No comments:

Post a Comment