Chicago Tribune
Phil Rosenthal got his hands on a confidental document intended to whet the appetite of potential bidders for the Chicago Sun-Times. "The rarity of such a prestigious asset offers a purchaser the chance to step into one of America's largest and most attractive markets and capitalize on a highly visible brand to further expand throughout the region," says the memo. Rosenthal notes that no mention is made of the fact that Sun-Times Media faces a looming US tax bill.
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Guild unit seeks investors to help buy Blethens' Maine papers (NECN)