Postmedia to purchase Irving’s N.B. newspaper chain in 16.1M cash-and-share deal

TORONTO — The door might open up for better media competitors in New Brunswick as Toronto-based Postmedia gears as much as buy the entire day by day and weekly newspapers owned by the Irving household for greater than $16 million in money and shares.

© Supplied by The Canadian Press

Postmedia mother or father firm Postmedia Community Canada Corp. stated in a information launch that it has reached an settlement to purchase all excellent shares of Brunswick Information Inc., which is a part of J.D. Irving Ltd., for $7.5 million in money and $8.6 million in Postmedia shares at an

Read More Read More