TORONTO SUN RISES WITH NEW NAME, NEW OWNERS
By Adnews Staff
The Toronto Sun Publishing Company has officially changed its name to Sun Media Corporation. The company is now owned by employess and a management team, who emerged Aug. 2 as winners of an auction of Rogers Communications' 63% interest. Toronto Sun's public shareholders voted Sept. 24 in favor of the plan and the deal was approved by the courts the following day. Toronto Sun was founded 25 years ago by former employees of the Toronto Telegram.
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