Toronto-based KSV Restructuring Inc., in a report dated June 19, says talks with the unnamed bidder are advancing towards a transaction that could be completed by Aug. 9
The court-appointed monitor overseeing the potential sale of Atlantic Canada ’s largest newspaper chain has confirmed selection of a bidder that has plans to operate SaltWire Network Inc. and The Halifax Herald Ltd. as viable businesses.
The Halifax Herald Ltd. owns The Chronicle Herald, the independent Halifax-based daily newspaper that was founded almost 200 years ago.
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