Sun-Times may get new owner

May 5, 2009 9:55:44 AM PDT
The Chicago Sun-Times may soon have a new buyer. According to Crain's Chicago Business, Chicago financier James Tyree is assembling a group of investors to bid on Sun-Times Media Group.

Tyree declined to say what he would pay but added he wants to "keep this great institution in Chicago."

Tyree is CEO of Mesirow Financial, which would not be involved in the purchase.

The Sun-Times filed for bankruptcy protection on March 31st.