Sun Sets on Sun-Times Media Group

We’ve been following Chicago’s Sun-Times Media Group for months now. The paper laid off a number of staffers in January. Then it hired a dude who lived in Dallas to run the company in February. Earlier this month, it promoted two execs. Well, now it’s bankrupt.

Jeremy L. Halbreich, chairman and interim CEO, explained the decision in a statement.

“Over the past several months, the Company has taken several steps to reduce costs and strengthen our organization.

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