While the discussions are ongoing, some details have emerged about potential ownership with Postmedia, saying the merged entity, which has yet to be named, would be jointly owned and jointly controlled by Nordstar and existing Postmedia shareholders.
According to the release, the Toronto Star would still have editorial independence as it would enter the merger with the incorporation of a new company, Toronto Star Inc. , Bitove says this merger would help ensure Canadians have access to the stories that impact and matter to them.
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