Torstar to be taken private - Is the Toronto Star toast?
https://ca.finance.yahoo.com/news/newsa ... 24424.htmlFive families that built and grew media conglomerate Torstar Corp. have agreed to hand the newspapers they presided over for roughly 70 years to a Canadian investment firm that plans to take the company private.
The owner of the Toronto Star and other community newspapers revealed Tuesday evening that it reached a $52-million acquisition deal with NordStar Capital LP, a firm run by businessmen Paul Rivett and Jordan Bitove.
I am not saying the brand will disappear, but I am pretty sure there will be a major shift in it editorial policy.
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