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BUSINESS
July 21, 1998 | Bloomberg News
Canadian newspaper publisher Conrad Black's Southam Inc. plans to acquire the Financial Post from Sun Media Corp. of Toronto and give up four Ontario daily newspapers to gain a platform for its planned national paper. The acquisition would give Southam an audience base for the still-unnamed national Canadian paper it plans to launch in October.
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BUSINESS
July 21, 1998 | Bloomberg News
Canadian newspaper publisher Conrad Black's Southam Inc. plans to acquire the Financial Post from Sun Media Corp. of Toronto and give up four Ontario daily newspapers to gain a platform for its planned national paper. The acquisition would give Southam an audience base for the still-unnamed national Canadian paper it plans to launch in October.
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BUSINESS
October 29, 1998 | Bloomberg News
Torstar Corp., owner of the Toronto Star, Canada's biggest newspaper, offered to buy Sun Media Corp. for $486 million to counter a challenge from publisher Conrad Black's new national daily. Sun Media's publications include the tabloid Sun papers in Toronto and Calgary, Canada. The proposal comes one day after Black began publishing the daily National Post. Coverage from his Southam Inc. national newspaper chain competes with the Star and Thomson Corp.'
BUSINESS
December 10, 1998 | From Reuters
A merger of two of Canada's biggest newspaper chains, announced Wednesday, will create a new media powerhouse that challenges press baron Conrad Black's grip on the national newspaper market. Montreal-based Quebecor Inc., which runs the largest-circulation French-language paper in the country, surprised the market Wednesday with a $983-million agreement to buy Canada's second-largest newspaper group, Sun Media Corp.
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