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BUSINESS
August 31, 2007 | From the Associated Press
A group of shareholders led by investment manager K Capital Management has urged newspaper publisher Sun-Times Media Group Inc. to put itself up for sale immediately, according to a regulatory filing Thursday. K Capital said in the filing with the Securities and Exchange Commission that "immediate action must be taken to preserve shareholder value due to the company's recent operational deterioration." K Capital reported holding a 9.9% stake in the Chicago company.
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BUSINESS
August 31, 2007 | From the Associated Press
A group of shareholders led by investment manager K Capital Management has urged newspaper publisher Sun-Times Media Group Inc. to put itself up for sale immediately, according to a regulatory filing Thursday. K Capital said in the filing with the Securities and Exchange Commission that "immediate action must be taken to preserve shareholder value due to the company's recent operational deterioration." K Capital reported holding a 9.9% stake in the Chicago company.
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BUSINESS
February 5, 2008 | From Times Wire Services
Sun-Times Media Group Inc., parent of the Chicago Sun-Times, put the city's second-largest daily and "any or all" of the company's assets up for sale amid a crippling decline in advertising and revenue at its newspapers. The company said its board of directors also was looking at other ways to increase shareholder value, including joint ventures or partnerships.
BUSINESS
March 20, 2007 | From the Associated Press
Three newspaper companies and a top associate to former newspaper baron Conrad Black agreed to pay more than $63.4 million to Sun-Times Media Group Inc. to settle legal claims and pay outstanding debt, officials said Monday. David Radler, the former president of Hollinger International Inc. who is now the star witness in the trial against Black, agreed to pay $21.2 million to the Sun-Times, the Chicago-based company said. Radler's wholly owned North American Newspapers Ltd. will pay $23.
BUSINESS
April 1, 2009 | Associated Press
The owner of the Chicago Sun-Times, a storied newspaper once home to legendary columnist Mike Royko and other greats, followed its hometown rival by filing for bankruptcy protection Tuesday -- raising questions about whether both can survive in a brutal time for newspapers. The filing was widely seen as a step toward shutting down a feisty paper known for uncovering city scandals and that once went as far as to secretly operate a bar to expose crooked city inspectors.
BUSINESS
March 23, 2007 | From Reuters
Jurors at Conrad Black's trial were told Thursday that a major investor in Black's media company blew the whistle on fees and perks that Black and his lieutenants were collecting, and that the Canadian-born millionaire was out of a job not long after that. The testimony came from the U.S. government's lead witness, Gordon Paris, who succeeded Black as head of Hollinger International Inc.
BUSINESS
March 22, 2007 | From Reuters
A lawyer accused of helping Conrad Black skim millions of dollars from one of the world's largest media companies made honest mistakes but was not guilty of fraud, his attorney told a jury Wednesday. Mark Kipnis, 60, a former general counsel for Black's Hollinger International Inc., was an outsider unfamiliar with the newspaper business and public companies who "did the best he could with the information he had, given his experience," attorney Ron Safer said.
BUSINESS
December 18, 2007 | From Bloomberg News
F. David Radler, the chief government witness in the fraud trial of former Hollinger International Inc. Chairman Conrad Black, was sentenced to 29 months in prison for his role in a scheme to defraud the company and its investors. U.S. District Judge Amy St. Eve, who last week sentenced Black to a 6 1/2 -year term, approved a 2005 plea bargain under which the U.S. wouldn't oppose any bid by Radler, a Canadian citizen and former Hollinger president, to serve his term in Canada.
CALIFORNIA | LOCAL
March 18, 2011
Michael Gough Actor played butler in 'Batman' movies Michael Gough, 94, a British actor best known for playing Bruce Wayne's butler Alfred in a series of "Batman" movies, died Thursday at home in England, his former wife Anneke Wills said through her agent. Gough's agent told the BBC that the actor had been unwell for some time. During a career that began in the 1940s, Gough appeared in more than 150 films and television shows, including the popular British sci-fi TV series "Doctor Who" and the 1951 Alec Guinness film "The Man in the White Suit.
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