Thursday, October 8, 2009

Sun-Times Media Group, Jim Tyree on same page

Chicago financier Jim Tyree took a major step toward becoming a newspaper publisher Wednesday when he finally came to terms with the largest union at Sun-Times Media Group Inc. over concessions at the heart of his $26.5 million rescue bid for the company.

An afternoon agreement between leaders of the Chicago Newspaper Guild and Sun-Times management was ratified by the union's four bargaining groups in heated voting sessions Wednesday evening.


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