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Sale of Sun-Times Complete
Produced by Tony Arnold on Monday, October 26, 2009
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The sale of the Chicago Sun-Times Media Group has been completed. A team of investors led by James Tyree purchased the financially struggling newspaper for $26.5 million. Tyree is the CEO of Mesirow Financial. In a written statement, Tyree says he's proud the newspaper group will remain locally owned and managed. The announcement comes on the same day new data show circulation at the Chicago Sun-Times is down 12 percent compared to last year's six month reporting period.
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