Monday, April 13, 2009

Quote, unquote: Canwest Global shares said to be worth nothing

"Given the significant liquidity challenges facing the company, we see no residual value in the shares of Canwest," -- BMO Capital Markets analyst Tim Casey. "We see no compelling reason to own, let alone buy Canwest shares, which we would continue to avoid," -- National Bank Financial analyst Adam Shine. "We continue to believe there is significant risk Canwest is forced into bankruptcy

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