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Sun-Times Media Group (formerly Hollinger International) is a Chicago-based newspaper publisher.
Sun-Times Media Group was founded in 1986 under the name American Publishing Company, as a holding company for Hollinger Inc.'s American properties. It focused on newspapers, mostly in smaller markets. In February 1994, it acquired the Chicago Sun-Times, holding an IPO to fund the acquisition. At the time, it was the fifteenth-largest U.S. newspaper group. It changed its name to Hollinger International in 1994.
Hollinger's non-American properties, which included The Daily Telegraph and The Jerusalem Post were added to the company in 1996, and its Canadian papers in 1997. It created the National Post from the Financial Post in 1998.
That year, it began a process of shrinking the company, selling many of its small papers to the private equity firm Leonard Green & Partners, who formed Liberty Group Publishing. In 2000, it sold most of the rest to four media companies (Bradford Publications Company, Community Newspaper Holdings, Paxton Media Group, and Forum Communications). Its Canadian holdings, notably the National Post, several smaller papers, and a majority stake in the Southam newspaper chain, were sold to CanWest in 2000 in connection with Conrad Black renouncing his Canadian citizenship to gain a British peerage. That year, Hollinger International bought the Chicago-area publications of Copley Press (The Herald News, The Beacon-News, The Courier-News, and Lake County News-Sun, along with several smaller papers).
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