Union group led by Eisendrath outduels Trib owner to acquire Sun-Times

[blue-wave]

Source: Chicago Sun Times

An investment group led by former Chicago Ald. Edwin Eisendrath that includes a coalition of labor unions acquired the Chicago Sun-Times and Chicago Reader on Wednesday, staving off a competing bid for the papers by the owner of the Chicago Tribune.

“A great group has come together and made sure that a genuine voice with honest and good reporting that connects with working men and women thrives,” Eisendrath said shortly before the deal closed.

“The Sun-Times has been an important part of Chicago for our whole lives,” Eisendrath added. “We are inspired by the writing and reporting, and a group of civic-minded leaders wanted to save that.”

Read more: http://chicago.suntimes.com/news/union-group-led-by-eisendrath-set-to-acquire-sun-times-sources/

[Chasstev365]

1. Good News!

[iluvtennis]

2. Yep, I like it that paper will survive for intended working class audience

[BadgerMom]

3. Hoo-ray!

[Guy Whitey Corngood]

4. K&Fuckin'R! It's about damn time our city got a news source that represents us. nt

[dhill926]

5. A great paper when I was growing up in Chi

many years ago. In direct opposition to the Trib. This is good news.

[BumRushDaShow]

6. Good news!

I know the Sun-Times has always been the more liberal of the 2 major papers there (and it is ironic when you visit the city, you see those 2 competing newspapers' buildings are near each other ).

[MountCleaners]

7. Good to see they acquired the Reader, too

Maybe it will be more than yuppie shopping and entertaining, and get back to good critical articles.