Sun-Times Media Group, Inc. is engaged in publishing, printing and distribution of newspapers in the greater Chicago, Illinois metropolitan area and operates various related Internet Websites. The Company’s revenue for the year ended December 31, 2008, included the Chicago Sun-Times, Post-Tribune, SouthtownStar and other newspapers in the Chicago metropolitan area and associated Websites. On March 31, 2009, the Sun-Times Media Group, Inc. and its domestic subsidiaries filed voluntary petitions under Chapter 11 of the United States Bankruptcy Code (the Bankruptcy Code) in the United States Bankruptcy Court (the Bankruptcy Court) for the District of Delaware.