A group of investors is being assembled to buy Sun-Times Media Holdings LLC, Crain's Chicago Business reported Wednesday. Leading the charge is Michael Ferro Jr., CEO of Merrick Ventures LLC, and the offer reportedly being considered is $14 million plus assumption of debt.
I suggest keeping an eye on the CCB brief not simply for further developments but to read the comments collecting at the bottom. There are only a few as I write this, but they're an intriguing sampling of reasons why CCB readers say they don't read the Sun-Times.
"Too liberal," says one. "Subserviently appeasing and politically correct."
Fire Jack Higgins, Stella Foster, and Mike Sneed, says another.
These contributions make turning the paper and company around sound like a piece of cake.