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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