Friday, June 22, 2007

Carving up Osprey Media turning out messy for Quebecor and Torstar

A cosy deal to carve up the Osprey newspaper and magazine empire seems to have gone badly awry as Torstar Inc. has cried foul about Quebecor Corp.'s purchase of all the assets, including such venerable newspapers as the St. Catharines Standard and the Kingston Whig-Standard and a clutch of magazines.According to a story in the Globe and Mail, the two conglomerates agreed in late 2005 to divvy up

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