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Article: Biz in the AEBurbs and beyond.(Business)
- Article from:
- Daily Herald (Arlington Heights, IL)
- Article date:
- September 29, 2009
CopyrightCOPYRIGHT 2009 Paddock Publications. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Sun-Times gets second bidder
CHICAGO u CrainAEs Chicago Business was reporting Monday that there may be a second bidder for the Sun-Times Newspaper Group. Thomas J. Thibeault, executive director of the union that represents journalists in the Chicago Sun-Times newsroom, said the investor is a person who is "in the know in the financial world," is from Chicago and appears to be serious about putting a bidding group together, according to CraineAEs. Thibeault declined to identify the person. "They reached out to the union first," he said. James Tyree agreed to buy the newspaper group for $26 million if the union made concessions in pay and work rules, but all five ...