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Wed 04 Apr 2009Sun-Times group latest US publisher to file for bankruptcy
THE SUN-TIMES Media Group, publisher of the Chicago Sun-Timesand 58 smaller newspapers in the Chicago suburbs, yesterday became the fifth US newspaper publisher in the last four months to file for Chapter 11 bankruptcy.
The move leaves both Chicago’s flagship newspapers under court protection from creditors. Tribune, publisher of the Chicago Tribuneand the Los Angeles Times, was the first of the five groups to file for bankruptcy protection in December.
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