Talks to combine two of the biggest newspaper publishers in Canada have fallen apart.
Two companies announced merger talks last month
CBC News ·
Postmedia is the largest owner of newspapers in Canada. Last week, the company announced it had entered discussions to merge in some form with the second biggest, the company that owns the Toronto Star. (Jonathan Hayward/The Canadian Press)
Talks to combine two of the biggest newspaper publishers in Canada have fallen apart.
Postmedia Network Canada Corp. and Nordstar Capital LP — the majority owner of the Toronto Star and dozens of other smaller newspapers — announced last month that they had entered into non-binding discussions about possibly merging together.
On Monday, Postmedia announced that those talks have broken down, and they have been unable to come to an agreement.
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