Some of the potential buyers were only interested in part of the company. (Darren Calabrese/The Canadian Press - image credit)Talks aimed at keeping Atlantic Canada's largest media company alive appear to be bearing fruit. Since that initial court action, Saltwire has been operating under the Company Creditors Arrangement Act while potential buyers were sought. Some of the potential buyers were only interested in part of the company. Separate talks are underway to sell Titan, a security firm that Saltwire acquired when it was engaged in a protracted dispute with its unionized newspaper employees.


Source:   CBC News
June 20, 2024 16:19 UTC