Thursday, April 9, 2009

Canwest quarterly loss $1.44B after $1.19B writedown; revenue off 9 per cent


Canwest CEO Leonard Asper says the company is "well positioned for an economic recovery."(Of course, it will have to survive long enough to see the turnaround --TPG). In a conference call with analysts, Asper would not discuss the company's debt situation.

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