Mergers
The Sun later merged with the Chicago Times to create the Chicago Sun-Times. Besides the Sun-Times, Field Enterprises also owned broadcaster Field Communications, founded Parade magazine and owned the World Book encyclopedia from 1945 to 1978.
Simon & Schuster and Pocket Books were sold in 1957 following the death of Marshall Field III. Parade was sold the following year. Field Enterprises was dissolved in April 1984 after the sale of the Sun-Times, the last of their valuable assets, to Rupert Murdoch the previous year. Murdoch & News Corporation then in 1986 sold the Sun-Times to Hollinger International (now the Sun-Times Media Group), formerly controlled, indirectly, by Canadian-born businessman Conrad Black. Field Newspaper Syndicate was sold the same year to Hearst's syndication division, King Features Syndicate.
Read more about this topic: Field Enterprises