Torstar, Metro buy two papers from CanWest
By Adnews Staff
Torstar and Metro International have acquired the interest held by CanWest MediaWorks Publications in commuter newspapers Metro Vancouver and Metro Ottawa. Torstar and Metro now each hold a 50% interest in those publications. “This new ownership structure extends the solid foundation that already exists in the Metro operations in Toronto, Calgary and Edmonton,” said Jagoda Pike, president of Star Media Group. “With a consistent ownership structure now in place in all five English Metro markets, the Metro newspapers will be managed with a single-minded focus on the development and growth of the Metro brand across English Canada.” No financial details are available.
« Back Next »
Comments
blog comments powered by Disqus