Saturday, January 21, 2017

Torstar at a crossroads -- long read in the Globe and Mail

James Bradshaw writes: (excerpt)
"Torstar has a chance for generational change, but also faces very real questions about whether it is sustainable in its current form. A voting trust comprising five families controls the public company through a special class of shares. As the value of the business has eroded dramatically, pressure is rising to make a sharp change of course – which could persuade the families to loosen their grip."
Full story

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