It’s a dramatic day at the Reader, where everyone’s focus was commandeered by Monday’s Crain’s Chicago Business story reporting that this paper is “on the sales block.”
“No deal seemed imminent,” according to “sources,” but one of the “potential buyers that was approached” is the Sun-Times. We’re holding the Crain‘s story up to the light and shaking it vigorously trying to figure out what that means. It’s a potential buyer because it was approached?
As for the other potential buyer, this is “an individual who said he was not pursuing a purchase, the sources said.”