CanWest closes scaled-down Hollinger deal

Article Abstract:

Winnipeg, Ont.-based CanWest Global Communications Corp. has reduced its acquisition costs for Toronto, Ont.-based Hollinger Inc. from $3.5 billion to $3.2 billion. The deal, which includes the sale of 14 major daily newspapers owned by Hollinger, will transform CanWest into a leading media company in Canada.

User Contributions:

Comment about this article or add new information about this topic:

Comment:  (50-4000 characters)

Name:

E-mail:

Security Code:

CanWest-Hollinger deal mired in technical delays

Article Abstract:

CanWest Global Communications Corp.'s acquisition of over 200 Hollinger Inc.'s publications is being delayed as both firms wait for approval from regulators, as well as for other legal matters. CanWest is acquiring the publications for C$3.5 billion.

User Contributions:

Comment about this article or add new information about this topic:

Comment:  (50-4000 characters)

Name:

E-mail:

Security Code:

CanWest, Hollinger deal in trouble

Article Abstract:

Winnipeg, Man.-based CanWest Global Communications Corp. is renegotiating its $3.5 billion bid to buy 200 publications from Toronto, Ont.-based Hollinger Inc. CanWest also has canceled an $800 million bond issue.

User Contributions:

Comment about this article or add new information about this topic:

Comment:  (50-4000 characters)

Name:

E-mail:

Security Code: