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“There is, as of today, only one bidder” — Halbreich

In Tuesday’s memo to the troops, interim Sun-Times Media Group CEO Jeremy Halbreich asserted that despite reports that somebody new is talking about entering next week’s bankruptcy court auction, “there is, as of today, only one bidder for the Company’s assets.” And that’s financier James Tyree’s investment group, whose leader “has repeatedly expressed his enthusiasm […]

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Jeremy Halbreich Responds

The interim CEO of Sun-Times Media Group has sent his 1,800 employees a memo telling them that even if September 29, Tuesday, isn’t a a formal deadline, it’s still pretty damned important. Jeremy Halbreich had been saying that Tuesday was the day by which all the STMG unions had to sign off on terms demanded […]

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Jim Tyree Responds

In the difficult passage of the Sun-Times Media Group from its present owners to a group of investors led by financier James Tyree, Thursday was a particularly awkward day. First interim CEO Jeremy Halbreich issued a statement insisting on the inflexibility of a September 29 deadline for the STMG unions to approve the new working […]