CanWest re-org underway

I’m thinking of changing the name of this blog to CanWestslateststruggles. Anyway,  now in bankruptcy proctection, the main issue is whether the creditors can find a buyer for the whole shebang, or break it into its constituent parts and sell of piece by piece. I suspect the latter, since it will likely bring in more money, which is what the creditors really want. The latest move: move the National Post back into the newspaper fold, in the hopes of finding someone who will buy the entire chain, including a flagship in Toronto.

The Financial Post, October 17 2009

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