Thursday, December 11, 2014

Moses Znaimer in talks to buy Sun News Network

The Globe and Mail's James Bradshaw reports that Moses Znaimer is "hoping to expand his reach on the TV dial by acquiring the money-losing Sun News Network from Quebecor Inc."
"According to a source familiar with the negotiations, Mr. Znaimer is eager to make a deal that would see ZoomerMedia Ltd., a company he controls, buy the news and opinion channel before the year is over. Mr. Znaimer currently has exclusive negotiating rights, and the price of the purchase would be low, the source said," Bradshaw writes.
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