Broadcaster Magazine

Magazine Archives
Idea Exchange
Email News Letter
Media Kit
Contact Us
Press Room
View Stories by Category

Printer Friendly Version

CanWest receives $26M from Hollinger

Articles in related categories
WINNIPEG - CanWest Global Communications Corp., which bought the remaining 50 per cent of the National Post in April 2002, says one of its subsidiaries has received $26.4 million as partial settlement of claims related to the purchase.

Winnipeg-based CanWest had sued Chicago-based Hollinger in Ontario Superior Court in December 2003 over agreements made in the purchase of the Post, which was founded by Conrad Black in 1998.

CanWest obtained a summary court judgment in August for a portion of its claim. This week's payment represents the full amount of the judgment, plus interest and costs.

Certain other claims are still in court.

Back to headlines

Email Friend Comment

Copyright � 2004 Business Information Group. All rights reserved.
A member of the esourceNetwork

Business Information Group Privacy Policy


Broadcaster Poll
When it comes to the three subscription radio applications to be heard by the CRTC November (see this site for stories explaining it), should the Commission:
Approve all three?  
Approve the CHUM "Canadian" option?  
Approve one or both of the satellite options?  
Approve none?