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Since the Tyree-Halbreich takeover, the organization has shown accelerating declines in circulation, advertising revenue and quality of editorial content. Industry analysts have repeatedly pointed to the group's failure to craft a competitive online product as evidence of continued decline. On
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and a team of investors had a $ 5 million bid accepted to purchase the Sun-Times Media Group, contingent on the paper's unions accepting deep compensation cuts and work-rule changes. The purchase was completed the next month.
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In March 2019, a new ownership group took over and took control of the Sun-Times from the previous union ownership. The group, Sun-Times
Investment Holdings LLC, was backed by prominent Chicago investors Michael Sacks and
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Tyree died suddenly in March 2011. Jeremy
Halbreich, chief executive, said that Tyree will be greatly missed and that his death will make no changes in the media company's strategy.
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bid for the rest of
Hollinger International. However the sale was blocked by a judge in the United States after the company's board lodged a court action against the sale.
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resigns as chairman after an internal inquiry alleges that Black had received more than $ 7 million in unauthorized payments of company funds.
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ST Acquisition
Holdings, a consortium of private investors and Chicago Federation of Labor acquired the Sun-Times Media Group from Wrapports.
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renouncing his
Canadian citizenship to gain a British peerage. That year, Hollinger International bought the Chicago-area publications of
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Complete 512-page copy of the Report of
Investigation by the Special Committee of the Board of Directors of Hollinger International Inc.
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184:(IPO) to fund the acquisition. At the time, it was the fifteenth-largest U.S. newspaper group. It changed its name to
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Conrad Black was fired by the
Hollinger International board in 2004 for fraud. He attempted to sell his stake to the
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That year, it began a process of shrinking the company, selling many of its small papers to the private equity firm
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174:'s American properties. It focused on newspapers, mostly in smaller markets. In February 1994, it acquired the
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This article is about the company established in 1986. For the 19th-century "American
Publishing Company", see
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after
Mirkaei buys the property. In February 2006, Hollinger sold substantially all of its Canadian assets.
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Sun-Times
Investment Holdings, LLC. acquired the assets of Sun-Times Media Group from previous consortium.
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Gordon A. Paris, chairman of the board of directors, president, chief executive officer and director
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through his company ST Acquisition Holdings, had acquired the Sun-Times Media Group from then-owner
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On July 13, 2017, it was reported that a consortium consisting of private investors and the
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to Mirkaei Tikshoret, a Tel Aviv–based publisher of Israeli newspapers, was announced.
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685:"Hollinger International Completes Sale of Substantially All of Its Canadian Assets"
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The corporation's name was changed to Sun-Times Media Group on July 17, 2006.
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388:& CEO Timothy Knight, bought the properties of Sun-Times Media Holdings.
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Extensive background information, including past and present media holdings.
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Paul B. Healy, vice president, corporate development and investor relations
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until its acquisition by ownership group ST Acquisition Holdings in 2017.
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810:"Union group led by Eisendrath outduels Trib owner to acquire Sun-Times"
687:(Press release). Sun-Times Media Group. February 6, 2006. Archived from
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Jeremy Halbreich becomes the new chairman and interim chief executive.
713:(Press release). Sun-Times Media Group. July 17, 2006. Archived from
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On March 31, 2009, the company filed for bankruptcy protection under
478:
John Cruickshank, chief operating officer, head of the Chicago group
533:
forces the ousting of all but one member of the board of directors.
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738:"Tyree's vision will be missed, but newspaper will follow course"
152:-based newspaper holding company. The company formerly owned the
885:
Ketupa.net – Media Profiles: Hollinger, Black & the Barclays
475:
James R. Van Horn, vice president, general counsel and secretary
1324:
List of banks acquired or bankrupted during the Great Recession
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791:"The Chicago Sun-Times Is Wrenched Away from a Rival Publisher"
529:
Cyrus Freidheim resigns as CEO after New York–based hedge fund
840:"New investors Sacks, Wirtz fortify Sun-Times ownership group"
29:
711:"Hollinger International Today Becomes Sun-Times Media Group"
226:. In 2000, it sold most of the rest to four media companies (
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December 6, 2011, the company announced it will institute a
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Dodd–Frank Wall Street Reform and Consumer Protection Act
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Sun-Times Media Group was founded in 1986 under the name
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Sun-Times Media Group filled for Chapter 11 bankruptcy.
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Companies that filed for Chapter 11 bankruptcy in 2009
1301:
National fiscal policy response to the Great Recession
466:
Peter K. Lane, vice president, chief financial officer
556:
Wrapports, L.L.C. acquired the Sun-Times Media Group.
407:(formerly Tribune Publishing Company) for ownership.
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to access its online content from December 8, 2011.
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Hollinger's non-American properties, which included
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60:. Unsourced material may be challenged and removed.
1420:(Europe, Middle East and North Africa, Asia; 2009)
481:Members of the board of directors: Gordon Paris,
376:Later in December 2011, Chicago investment group
638:; Steven M. Glover; Douglas F. Prawitt (2015).
608:"Hollinger's Crash Diet Stops Short Of Chicago"
403:, beating out Chicago-based publishing company
395:led by businessman and former Chicago alderman
1271:American Recovery and Reinvestment Act of 2009
1136:Office of Federal Housing Enterprise Oversight
761:Channick, Robert; Michael Oneal; Becky Yerak.
519:Cyrus Freidheim is hired as president and CEO.
917:
8:
1195:Emergency Economic Stabilization Act of 2008
297:in January 2004 and the brothers launched a
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1286:Fraud Enforcement and Recovery Act of 2009
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1210:Term Asset-Backed Securities Loan Facility
1155:
924:
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641:Auditing Cases: Instructor Resource Manual
1466:Effects of the Great Recession on museums
1296:Housing and Economic Recovery Act of 2008
1180:China–Japan–South Korea trilateral summit
446:million lawsuit against Conrad Black and
120:Learn how and when to remove this message
1530:Publishing companies established in 1986
1160:Government policy and spending responses
1126:Government National Mortgage Association
763:"Sun-Times sold to local investor group"
1220:2008 United Kingdom bank rescue package
598:
304:The Barclay brothers later bought The
290:, along with several smaller papers).
242:). Its Canadian holdings, notably the
1205:Temporary Liquidity Guarantee Program
1175:Banking (Special Provisions) Act 2008
1096:Federal Deposit Insurance Corporation
357:In September 2009, Chicago financier
7:
1091:Consumer Financial Protection Bureau
326:. On November 16, 2004, the sale of
58:adding citations to reliable sources
1381:Collateralized mortgage obligations
877:, local newspapers' site (part of
485:, Daniel Colson, Cyrus Freidheim,
25:
1476:2007–2008 world food price crisis
1276:Chinese economic stimulus program
1261:2008 European Union stimulus plan
1185:Commercial Paper Funding Facility
27:Chicago-based newspaper publisher
1504:List of countries by public debt
1131:National Asset Management Agency
736:Roeder, David (March 20, 2011).
442:Hollinger International files a
34:
1535:1986 establishments in Illinois
1459:2008 Central Asia energy crisis
1376:Collateralized debt obligations
789:Ember, Sydney (July 13, 2017).
45:needs additional citations for
1525:Newspaper companies in Chicago
1266:2008–2009 Keynesian resurgence
1111:Federal Housing Finance Agency
1106:Federal Housing Administration
256:newspaper chain, were sold to
252:, and a majority stake in the
1:
1281:Economic Stimulus Act of 2008
1215:Troubled Asset Relief Program
1141:Office of Financial Stability
1116:Federal Housing Finance Board
1050:Société Générale trading loss
606:Jones, Tim (August 4, 2000).
334:CanWest Global Communications
228:Bradford Publications Company
1200:Irish emergency budget, 2009
232:Community Newspaper Holdings
220:Leonard Green & Partners
897:A Hollinger company history
393:Chicago Federation of Labor
260:in 2000 in connection with
170:, as a holding company for
168:American Publishing Company
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1499:2007–2008 financial crisis
1391:Mortgage-backed securities
1002:Automotive industry crisis
133:
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1396:Secondary mortgage market
1317:rescues, and acquisitions
1315:Government interventions,
1306:Zero interest-rate policy
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1017:Housing market correction
891:U.S. SEC – Breeden Report
1414:(United States; c. 2009)
1146:UK Financial Investments
1031:Banking losses and fraud
1022:Subprime mortgage crisis
1007:California budget crisis
224:Liberty Group Publishing
1432:(worldwide; 2011–2012)
1371:Auction rate securities
1101:Federal Home Loan Banks
186:Hollinger International
182:initial public offering
146:Hollinger International
69:"Sun-Times Media Group"
1121:Federal Reserve System
995:United States-specific
808:Armentrout, Mitchell.
649:Upper Saddle River, NJ
250:several smaller papers
1471:Decline of newspapers
1418:2009 May Day protests
1364:and financial markets
1254:Stimulus and recovery
869:Sun-Times Media Group
142:Sun-Times Media Group
1494:European debt crisis
1386:Credit default swaps
1362:Securities involved
1168:stability and reform
419:Corporate governance
386:Michael W. Ferro Jr.
317:The Sunday Telegraph
287:Lake County News-Sun
240:Forum Communications
54:improve this article
1454:2000s energy crisis
1166:Banking and finance
1084:Government entities
665:on October 10, 2016
503:Raymond G. H. Seitz
311:The Daily Telegraph
194:The Daily Telegraph
1436:Occupy Wall Street
1412:Tea Party protests
1070:Scott W. Rothstein
795:The New York Times
750:on March 21, 2011.
634:Beasley, Mark S.;
384:, led by Chairman
352:United States Code
338:The Jerusalem Post
329:The Jerusalem Post
236:Paxton Media Group
200:The Jerusalem Post
1540:Chicago Sun-Times
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1481:Retail apocalypse
1426:(MENA; 2010–2012)
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1229:Bank stress tests
814:Chicago Sun-Times
743:Chicago Sun-Times
717:on March 12, 2008
691:on March 12, 2008
636:Frank A. Buckless
587:Lerner Newspapers
507:James R. Thompson
489:, Shmuel Meitar,
424:November 17, 2003
177:Chicago Sun-Times
155:Chicago Sun-Times
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16:(Redirected from
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846:. March 28, 2019
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816:. Archived from
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844:Robert Feder
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611:
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491:John O'Brien
483:Richard Burt
455:October 2005
448:David Radler
430:Conrad Black
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52:Please help
47:verification
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1424:Arab Spring
1333:Non-banking
1065:Tom Petters
651:: Pearson.
472:, treasurer
413:Rocky Wirtz
1519:Categories
593:References
571:March 2019
541:March 2009
348:Chapter 11
144:(formerly
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80:newspapers
1043:Tom Hayes
940:By region
561:July 2017
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378:Wrapports
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581:See also
299:takeover
148:) was a
110:May 2021
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850:June 9,
444:US$ 200
371:paywall
350:of the
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382:L.L.C.
320:, and
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645:(PDF)
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101:JSTOR
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1241:U.S.
969:Asia
852:2021
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776:2020
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697:2021
671:2021
653:ISBN
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