Sun-Times reports SEC filing in response to Davidson Kempner's plan to reconstitute board

By Lisa Kerner

Charlotte, N.C., Nov. 26 - Sun-Times Media Group, Inc. said it filed a preliminary consent revocation statement with the Securities and Exchange Commission.

The company's board of directors opposes the solicitation of written stockholder consents by Davidson Kempner Capital Management LLC to remove all but one member of the current board and replace them with Davidson Kempner's four nominees.

Dec. 1 is the record date for the Davidson Kempner consent solicitation, a Sun-Times news release said.

Davidson Kempner reported its filing of the preliminary consent statement with the SEC on Nov. 20.

As previously reported, Davidson Kempner believes it is in Sun-Times' best interests to change the company's leadership at the chief executive officer level and at the board level by reconstituting the board with new directors.

The investor also wants to reduce the Chicago-based newspaper company's board to five directors from seven.

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