Posted AT 11:56 PM EST on 03/09/08
New York Sun says it may close
NEW YORK — The editor of the New York Sun, a five-day-a-week newspaper that professes to offer “an alternative” to the New York Times, said it may close at the end of September if it doesn't receive new backing.
The Sun “has yet to achieve its financial goal of making a profit,” editor Seth Lipsky said in a letter to readers posted on the paper's website Wednesday and scheduled to appear in print editions Thursday.
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