Wanna Buy a
Monkey Media Group?
By Margaret Lyons in News on Feb 4, 2008 11:23PM
The Sun-Times Media Group in particular? Because you might be able to. The company announced today that it is thinking about selling uh, itself.
[CEO Cyrus Freidheim Jr.] said the company would consider all alternatives, including partnerships and the sale of individual assets. But Freidheim said an overarching concern is a transaction that would free the company from the "baggage" of convicted former owner Conrad Black and make it a stronger competitor.
It's also apparently selling itself out, according to Cheryl Reed, who resigned as the editorial page editor today. Reed says that the Sun-Times's endorsements were rewritten by people not from the editorial board (not the choice of candidates, though), even after Freidheim and editor Michael Cooke promised her they'd be hands-off.