Sun-Times Media Faces Another Activist: Davidson Kempner Capital Management

September 10th, 2008
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Today, Davidson Kempner Advisers Inc announced in a SEC filing that it has acquired a 5.9% stake in the Sun-Times Media Group Inc. (SUTM). The filing stated that Davidson Kempner has “become concerned about (Sun-Times Media Group Inc’s) performance and the many challenges facing (it). As a result of this concern, (Davidson Kempner’s managers) have been analyzing the Issuer's operations, obligations and governance structure with a view to determining how best to maximize value for shareholders.

As reported earlier, another activist investor, K Capital, has been pushing for change at the company since late 2007.
See Filing
For Detailed Investor Profiles on these Investors, click below:
K Capital Partners
Davidson Kempner Capital Management
Related People: Abner Kurtin; Anthony Yoseloff; Avram Friedman; Conor Bastable; Daniel Stern; Eric Epstein; Marvin H. Davidson*; Robert Brivio; Scott Davidson; Thomas Kempner
Related Entities: Davidson Kempner Advisers; Davidson Kempner Distressed Opportunities; Davidson Kempner Healthcare Fund*; Davidson Kempner Institutional Partners LP; Davidson Kempner International; M.H. Davidson & Co; MHD Management Co; Davidson Kempner Partners; K Capital European Value; K Capital Master; K Capital Partners; Special K Capital Offshore
Related Article Tags: Shareholder Activists, Corporate Raiders and Proxy Battles


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