Monday, May 4, 2009

Tyree eyes Sun-Times

Chicago financier James Tyree is assembling a group of investors to bid on Sun-Times Media Group Inc.

Mr. Tyree, CEO of Mesirow Financial Inc., told Crain's he has reviewed Sun-Times' books and discussed a possible bid with CEO Jeremy Halbreich and other company executives. Though his plans are still at a "very early stage," Mr. Tyree says he has talked with several potential co-investors, including a private-equity firm, about forming a group of four to 25 "to keep this great institution in Chicago."

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