WREX.com – Rockford’s News LeaderSun-Times Media Group files for bankruptcy
Member Center:
CHICAGO (AP) -- The chairman of the Chicago Sun-Times wants readers to know that today's bankruptcy filing doesn't mean the newspaper or its Web site is going out of business.
But the filing is widely seen as a step toward shutting down a feisty paper known for uncovering city scandals. The bankruptcy filing by the Sun-Times Media Group does mean both of Chicago's major daily newspapers are operating under bankruptcy protection.
The Sun-Times Media Group owns the Chicago Sun-Times and dozens of suburban newspapers.
It filed for Chapter 11 bankruptcy in a Delaware court today. Owners said it will continue to operate its print and online properties.
Tribune Co. filed for Chapter 11 in December. Tribune is the parent company of the Chicago Tribune, the Los Angeles Times and other newspapers.
Comments Terms of Use: We welcome your participation in our community. Please keep your comments civil and on point. You must be at least 13 years of age to post comments. By submitting a comment, you agree to these
Terms of Service
You must be logged in to leave a comment. Login or register See all comments |
Sign up to have Breaking News, Weather and School Closing alerts sent right to your cell phone.
Get a phone call from the 13 Weather Authority team when severe weather is approaching your home.
Need help with your home renovation project? Click here to get connected to Stateline area experts that can help turn your dreams into reality.
A better life... is just a click away! Click here to get connected to some of the best health care providers in the Stateline area.
