CanWest now owns The New Republic

CanWest Global Communications now owns The New Republic. Without much fanfare, the company bought control by acquiring 50% of the magazine from a pair of investment bankers to add to the 25% they already bought last January. Editor-in-chief Martin Peretz retains 25% . According to a story in the New York Times, CanWest plans major renovations, including reducing the magazine's frequency to every