Tuesday, May 11, 2010

2273...Ottawa Citizen Sold

CFRA's Josh Pringle reports that "Canwest Global Communications has approved the sale of the Ottawa Citizen and other newspapers to a group led by National Post President Paul Godfrey. The $1.1 billion deal includes the National Post and other daily newspapers and online operations. The bid is slated for approval by a bankruptcy court next Monday. The deal is expected to preserve jobs and pay off the insolvent company’s bankers."

Or not.

WFDS

1 comment:

  1. In other words, it will stay very right wing - that's all we need.

    ...sigh.....

    ReplyDelete