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The Guardian - UK

Roy Greenslade

Chicago paper may be heading for sale

Is the Chicago Sun-Times about to be sold? Its owners, the Sun-Times Media Group, are reviewing "a range of options" in the wake of an accelerating decline in advertising revenue. The downbeat disclosure sent Sun-Times Media's shares skidding to a 52-week low. The company was formerly known as Hollinger International - the business created by Conrad Black, who is facing fraud charges - and has long been considered a takeover target. (Via Chicago Tribune)

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