Another bid surfaces for Chicago Sun-Times

September 29, 2009 8:47:45 AM PDT
Another potential bidder has emerged for the Chicago Sun-Times.Financier Jim Tyree already has an offer of $26.5 million on the table.

The Chicago Newspaper Guild says another potential buyer surfaced after the paper's editorial workers rejected Tyree's concession demands.

It's possible that bidder could be one of the 22 parties that had previously signed confidentiality agreements when receiving background information on the company.

Bids for the company are due by October 5th.


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