An investment group made up of labor unions and led by a former Chicago politician is set to acquire the Chicago Sun-Times, the newspaper said Wednesday. The deal is expected to be completed by Thursday morning, the Sun-Times reported. Terms of the purchase were not disclosed. The group beat out Tronc Inc. , which owns the rival Chicago Tribune and faced federal antitrust concerns over its bid for the newspaper. “Our investors include more than half a million hardworking people around Chicago, and you can bet we’ll be talking with a voice that resonates with the working class,” former Chicago Alderman Edwin Eisendrath, the group’s point man, told the Sun-Times. “We’re going to organize around that to raise circulation.”
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