Skip To Content
Get Our Newsletter
JEWISH. INDEPENDENT. NONPROFIT.

Support the Forward

Funded by readers like you DonateSubscribe

Liberal Chicago Ex-Lawmaker Buys Sun-Times Paper

A group of investors led by a Jewish former Chicago alderman has purchased the Sun-Times newspaper, outbidding the owners of the Chicago Tribune for its main rival and ending a federal antitrust investigation into the sale.

Former Chicago Alderman Edwin Eisendrath and the group of investors beat out Tronc Inc, the owner of the Chicago Tribune as well as the Los Angeles Times and Baltimore Sun, for the tabloid, the Chicago newspapers reported on Wednesday.

“It’s a great town as you know and it will continue to have two great newspapers,” Eisendrath said on Twitter.

The investor group is comprised of corporate restructuring expert William Brandt, the Chicago Federation of Labor, local labor unions and about a half-dozen other individuals, the Sun-Times reported.

Criminal defense attorney Len Goodman, a member of the billionaire Crown family, was said to be the biggest individual investor among the group, Crain’s Chicago Business reported.

Labor unions in the city applauded the sale, which also included the Chicago Reader, a weekly.

“The little guy won here,” said Chicago Federation of Labor President Jorge Ramirez to the Sun-Times.

Engage

  • SHARE YOUR FEEDBACK

  • UPCOMING EVENT

Republish This Story

Please read before republishing

We’re happy to make this story available to republish for free under an Attribution-Non Commercial-No Derivatives Creative Commons license as long as you follow our republishing guidelines, which require that you credit Foward and retain our pixel. See our full guidelines for more information.

To republish, copy the HTML, which includes our tracking pixel, all paragraph styles and hyperlinks, the author byline, and credit to Foward. Have questions? Please email us at help@forward.com.

We don't support Internet Explorer

Please use Chrome, Safari, Firefox, or Edge to view this site.