Saturday, May 16, 2015

Postmedia Network Canada Corp to integrate Sun Media properties this year: Godfrey

Postmedia Network Canada Corp. is aiming to complete its integration with Sun Media in six to nine months, the company’s chief executive Paul Godfrey said Tuesday, a day after the Sun takeover was completed.
Godfrey was hosting a town hall for Sun Media employees following the closing of a $316 million deal to acquire 173 Sun Media publications. The acquisition creates the largest digital news and newspaper organization in the country.
Godfrey told the Financial Post on Tuesday that steps to integrate the two organizations— including moving Toronto Sun employees into Postmedia’s Toronto headquarters — are advancing quickly, although they are in the early stages.

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