TORONTO — One expert says talks between Canada's two largest newspaper chains about a potential merger are akin to a"Hail Mary pass" amid declining readership and advertising revenue.
The two publishers say the proposed deal, which is yet to be finalized, is a bid to create greater scale so they can respond to the"existential threat" facing the media industry.
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Postmedia’s merger talks with Toronto Star owner a ‘Hail Mary pass’: expert - Terrace StandardPostmedia’s merger talks with Toronto Star owner a ‘Hail Mary pass’: expert
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