Friday, 8 January 2010

Conservative propaganda rags to be switching hands, but the same kind of hands

Canwest papers seek creditor protection -

Rumoured bidders for Canwest's newspaper group have included investment company Onex Corp., as well as some of Canada's largest pension funds and leveraged buyout firms.

In their own statement, the lenders including Canada's five largest banks and unidentified international financiers, said their bid will at least ensure Canwest's newspaper division continues as a going concern.


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