Wednesday, February 22, 2006

Osprey pays, but it's getting harder

Osprey Media Income Fund continues to pay unitholders about 9 cents a unit according to its year-end financials just released. However, the newspaper and magazine chain, headed by Michael Sifton, appears to be struggling to keep up the payments.According to the data released as of December 31, 2005, the company had net income for the year of $23.6 million and was carrying forward a deficit from

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