SUN MEDIA TAKES A BIGGER CHUNK OF THE FINANCIAL POST
By Adnews Staff
Toronto-based Sun Media Corp. has increased its interest in The Financial Post Company by 20%. The company bought the stake from Hollinger Inc., and gives Sun Media 80% ownership of The Financial Post. Pearson PLC continues as founding partner, owning the remaining 20%. Sun Media publishes five daily newspapers including The Financial Post, as well as five daily community newspapers, 80 community newspapers and shopping guides in Canada and in Florida and 17 farming and other specialty publications.
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