Monday, April 12, 2010
Harlequin buys back stake from Axel Springer
Torstar Corporation will buy the remaining share of its wholly-owned subsidiary, Harlequin Enterprises Limited. It signed an agreement to acquire full ownership of its German publishing business, Cora Verlag, from Axel Springer Verlag, Harlequin's joint venture partner in Germany since 1976. The transaction is subject to German regulatory approval.
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