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Source:bloomberg.com Follow this link to read the entire story Majority ownership of Canada’s largest newspaper chain could fall into the hands of a little-known Canadian investment firm from those of a U.S. hedge fund as concern mounts that Postmedia Network Canada Corp. may default on more than half a billion dollars in debt.Continue Reading...
Source: thewalrus.ca Read to the entire story click here MY POSTMEDIA CAREER began September 2013 with a tour of the Edmonton Journal’s downtown office. Stephanie Coombs, the managing editor of the historic city newspaper, led me through the empty first floor; where the once-mighty department for the classifieds once resided, now occupied by two clerks at a front counter. We wandered through …Continue Reading...