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Chicago-Based Investment Group Purchases Sun-Times Media

Chicago, IL-(ENEWSPF)- From the Chicago Sun-Times:

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A local investment group is acquiring the media company that includes the Chicago Sun-Times, taking over from owners who purchased it out of bankruptcy under the direction of the late James Tyree.

The buyers include Michael Ferro Jr., chairman of Merrick Ventures LLC, a private equity firm that deals with technology companies. Ferro, who will serve as chairman, is bringing in media executive Timothy Knight to run the…

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