Article: Sun-Times Media Holdings, LLC Announces Completion of Asset Transaction.

Sun-Times Media Holdings, LLC is pleased to announce the completion of its acquisition of substantially all of the assets formerly owned by Sun-Times Media Group, for a total transaction value of approximately $26.5 million. With the closing of this transaction, the Chicago Sun-Times and its sister daily and weekly newspapers move out from under the shadow of the bankruptcy proceedings affecting their prior owner and begin a new era as a locally owned and managed media conglomerate.

"Our investor team believes there is tremendous opportunity and untapped potential in Sun-Times Media portfolio of newspapers and Web sites, which combined serve an impressive 3.7 ...

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