CANWEST COMPLETES SALE OF COMMUNITY NEWSPAPERS
By Adnews Staff
Last week Winnipeg-based CanWest Global Communications completed the sale of its newspapers in southern Ontario to Osprey Media Group of Markham, ON. CanWest revealed its intention to sell the collection publications to Osprey for $193.5 million last month. The sold properties include four daily newspapers, 21 weekly newspapers and 11 other publications. They will continue to contribute content to and receive content from CanWest News Service and Informart. Their national advertising sales will continue to be handled by CanWest Media Sales. Osprey's own publications include The Kingston Whig-Standard, Peterborough Examiner and Sault Star.
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