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Sun-Times reports $837,000 May operating loss, zero revenues
By Lisa Kerner
Charlotte, N.C., June 17 - Sun-Times Media Group reported an $837,000 operating loss for May on zero revenues, according to its monthly operating report filed Thursday with the U.S. Bankruptcy Court for the District of Delaware.
The net loss for the period was $2.36 million.
For April, the company reported a $496,000 operating loss on zero revenues and a net loss of $1.1 million.
Sun-Times had $4.38 million of cash and cash equivalents at May 31, compared with cash and cash equivalents of $5.84 million at the end of April.
Sun-Times Media is a Chicago newspaper company that filed for bankruptcy on March 31, 2009. Its Chapter 11 case number is 09-11092.
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