Chicago Sun-Times
Lewis Lazare follows Chicago media and marketing news

$13.3 million offer made for Chicago Reader parent Creative Loafing

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Brian Conley, a Knoxville real estate developer, has reportedly made an offer for the entire Creative Loafing Inc. chain of six alternative weeklies, including the Chicago Reader. Conley has offered $13.3 million.

That's about one third of the debt that drove Creative Loafing to file for Chapter 11 bankruptcy in September, 2008.

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Lewis Lazare has written the Media Mix column for the Chicago Sun-Times for the past seven and a half years.

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This page contains a single entry by Lewis Lazare published on February 6, 2009 12:53 AM.

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