Page 5 - Network Canada News Today

There was good will and good intent from both groups, but it is just too challenging and too uncertain an environment right now

TORONTO - Canadian media companies Postmedia Network Canada Corp. and Nordstar Capital LP, the company that owns the Toronto Star, have ended discussions about a potential merger, saying they were unable to come to an agreement.

Postmedia Network Canada said on Monday that discussions with Nordstar Capital have come to an end, less than a month after saying they were in merger talks. Last month, Postmedia had...

Talks to combine two of the biggest newspaper publishers in Canada have fallen apart.

Postmedia Network Canada Corp. has confirmed that discussions with Nordstar Capital LP regarding a potential transaction have ceased.

23:01/UK: Jun BRC-Sensormatic IQ Footfall Monitor 23:30/JPN: May Household Spending 23:50/JPN: Jun International Reserves / Foreign Currency 23:50/JPN: Jun Provisional Trade Statistics...

The following excerpt was sent out from kelownadailycourier.ca: Postmedia Network Canada Corp. said Tuesday that it’s in talks to merge with Nordstar Capital…

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (19,818.85, up 85.76): Toronto-Dominion Bank. (TSX:TD). Finance. Up 45 cents, or 0.56 per cent, to $80.50 on 12.4 million shares.

A possible merger is in the works between two major companies that own the majority of daily newspapers across Canada.

The two media giants have entered into non-binding discussions on options for combining operational assets, according to company officials