Chicago investor group bids to buy Sun-Times Media

A small number of Chicago businessmen led by Mesirow Financial's James C. Tyree submitted a bid today to buy the Chicago Sun-Times and its sister publications, the company that owns the newspapers announced.

Tyree's group, called STMG Holdings LLC, is willing to acquire Sun-Times Media Group in a deal worth about $25 million, according to Sun-Times Media, which filed for Chapter 11...