Saturday, 12 May 2007

Torstar/Quebecor

It is deja vu all over again.

But instead of Torstar and Quebecor competing for the purchase of Sun Media in 1998, it is apparently Torstar and Quebecor as possible buyers of some of Osprey's 54 newspapers in 2007.

Osprey newspapers include the Kingston Whig-Standard, St. Catharines Standard and Peterborough Examiner.

"They (Osprey) don't want to carve their chain up but it may not be their choice," said Ben Mogil, a media and entertainment analyst with Westwind Partners.

CBC News has the full story on the possible sale of Osprey newspapers, but Torstar or Quebecor? Hmmmm. Doesn't that sound familiar?

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