Investors make offer for Chicago Sun-Times (Mesirow, James Tyree: BIG Obama Bundler)

Breitbart ^ | 9-9-09

[STARWISE]

The Chicago Sun-Times said that a group of local investors had made a bid to buy the ailing newspaper, which filed for bankruptcy protection in March.

The Sun-Times said an investor group called STMG Holdings LLC had offered to buy the Sun-Times Media Group, which includes the flagship newspaper and its sister publications, in a deal worth about 25 million dollars.

It said the deal, which would be subject to approval by a bankruptcy court judge, would include up to five million dollars in cash while the investors would take on about 20 million dollars in liabilities.

It said the investor group was led by James Tyree of Mesirow Financial, a native Chicagoan with a reputation for turning around companies.

The Sun-Times said the investors had pledged to "pump tens of millions of dollars into the company to try to shepherd it back to profitability."

[STARWISE]

Bundler: James C. Tyree

Employer: Mesirow Financial

State: IL

Bundler Status for 2008: Bundler for Barack Obama, raised at least $200,001.00

Name Disclosed By Candidate: Mega-Donor Status for 2008: $28,500.00 to committees supporting Barack Obama

~~~~~~~~~~~~

OBAMA'S CHICAGO BUNDLERS

More than $500,000 bundled

James and Paula Crown president, Henry Crown; principal, Henry Crown John Rogers CEO, Ariel Investments

$200,000 to $500,000

Neil Bluhm principal, Walton Street Capital Frank Clark president, Commonwealth Edison Les Coney executive vice-president, Mesirow Financial Holdings Katherine Gehl chairman, Gehl Foods, former Chicago chief technology adviser Bruce and Vicki Heyman managing director, Goldman Sachs; homemaker Steven Koch vice-chairman, Credit Suisse John Levi attorney, Sidley Austin Chuck Lewis owner, Coach House Capital Steve McKeever founder, Hidden Beach Recordings Tim and Alicia Mullen investor, ex-partner, Goldman Sachs; consultant Penny Pritzker chairman, Classic Residence by Hyatt, national finance chairman, Obama for President Jim Reynolds Jr. chairman and CEO, Loop Capital Markets Bob Rivkin and Cindy Moelis vice-president, Aon; homemaker Andrew Schapiro attorney, Mayer Brown Lou Susman vice-chairman, Citigroup Global Markets, former national finance chairman, Kerry for President Grace Tsao-Wu owner, Tabla Tua, family owns Freedman Seating, James Tyree chairman and CEO, Mesirow Financial Holdings, Ann Wedner homemaker, fundraiser.

~~~~~~~~

Video: Jim Tyree - Mesirow Financial (shows him pictured with BHO and MHO)

I can only imagine the news they'll see fit to print

[STARWISE]

~~DING!

[STARWISE]

And isn’t it cute that AFP neglected to report
the close ties between Tyree and BHO.

[Brad from Tennessee]

[”The new buyer group is challenging the management team to continue to rigorously review the business and get it to a break-even basis as quickly as possible,” Halbreich said.]

In the publishing industry fools and their money go separate ways.

[DAC21]

Only a crook from Chicago would buy out a Company with a bad business model. We all know how he will go about business.

[ScreamingFist]

“In the publishing industry fools and their money go separate ways.”

This is the Crown family, owners of General Dynamics. 25 million to them is party money....

http://www.afterdowningstreet.org/node/31965

[SunkenCiv]

...led by James Tyree of Mesirow Financial, a native Chicagoan with a reputation for turning around companies.

See, the stimulus package is having its desired effect...

[dr_who]

Maybe Obama needs that paper to help him keep from getting his ass whipped in his home state come 2012.

[Brad from Tennessee]

[. . . owners of General Dynamics.]

I didn't know they were that well heeled. Yeah, the Sun-Times is this month's hobby.