Postmedia Network Canada Corp. said Tuesday that it’s in talks to merge with Nordstar Capital LP, the owner of Metroland Media Group and the Toronto Star. The two publishers say the proposed deal, which is yet to be finalized, is a bid to create greater scale so they can respond to the “existential threat” facing…
Torstar Co-owners Say They’re Focused on Quick ‘Divorce’ in Public Appearance
Speaking for the first time publicly since their business relationship soured, Torstar Corp. owners Paul Rivett and Jordan Bitove confirmed there was no reconciliation ahead as their approaches to business were too different. The two, speaking at the launch of a TVO documentary about the Toronto Star newspaper Thursday evening, were however in agreement that…
Toronto Star Co-Owner Seeks Court Order to Wind Up Company as Relationship Breaks Down Between Owners
One of the owners of Torstar Corp. is seeking a court order to wind up the media company, citing “irreparable” damage to the relationship with his business partner. Paul Rivett, one of the owners of Nordstar Capital Inc., an investment company that purchased Torstar in 2020, filed an application to the Ontario Superior Court of…
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