(Bloomberg) -- Blocks from the Chicago courtroom
where Conrad Black is fighting charges of fraud and
racketeering, Sun-Times Media Group Inc., the newspaper company
he once ran, faces a trial of its own.
Sun-Times, once called Hollinger International Inc., has
endured a 45 percent drop in its stock price since Black was
ousted as chairman in January 2004. Chief Executive Officer
Cyrus Freidheim is struggling to stem losses while resolving
lawsuits and tax claims left over from Black's tenure. He says
he may put Sun-Times up for sale by the end of next year.
Read more at Bloomberg Exclusive News
where Conrad Black is fighting charges of fraud and
racketeering, Sun-Times Media Group Inc., the newspaper company
he once ran, faces a trial of its own.
Sun-Times, once called Hollinger International Inc., has
endured a 45 percent drop in its stock price since Black was
ousted as chairman in January 2004. Chief Executive Officer
Cyrus Freidheim is struggling to stem losses while resolving
lawsuits and tax claims left over from Black's tenure. He says
he may put Sun-Times up for sale by the end of next year.
Read more at Bloomberg Exclusive News
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