Black bids for CanWest!!

Thought that would send the blood pressure spiking. No, it’s not Conrad, but David Black of Black Press, based in BC, who’s put in a bid for the newspaper portion of CanWest, joining about half a dozen prospective buyers in the bid for the bankrupt dailies. Final sale is expected to be in April, which then would make the fate of the dailies a little more clear. At that time, they can be broken up, or the new owners can try to return to the Southam model.

And as has widely been reported, Leonard Asper has finally stepped down from CanWest. I suspect there will celebrations in newsrooms across the country.

Globe and Mail, March 4 2010

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: