Quebecor companies to buy Toronto 1 in $46-million deal

Article Abstract:

Sun Media and TVA Group, both arms of giant Quebecor, reached a deal to buy the money-losing television station from CHUM, gaining a foothold in English-language TV and a partner for its Toronto Sun newspaper. Quebecor will pay $46-million for the money-losing station, with $34.5-million coming from its TVA Group Inc. arm that is a powerhouse French language television production and distribution.

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Hollinger attempts to raise capital

Article Abstract:

A strategy to raise funds by selling equity investments to outside investors is being considered by Conrad Black's Hollinger Inc. Hollinger, which owns Hollinger International Inc., will use the funds for refinancing goals or working capital purposes.

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How much money is too much for a CEO

Article Abstract:

A study conducted to analyze the effects of overpaying chief executive officers on the companys' financial position is presented.

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