Progress reported on bid to sell insolvent media companies SaltWire and The Herald

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 52 sec. here
  • 8 min. at publisher
  • 📊 Quality Score:
  • News: 45%
  • Publisher: 63%

Saltwire Network News

John Keith,Troubled Companies,The Halifax Herald

HALIFAX — A Nova Scotia judge received good news today during an update on the proposed sale of the SaltWire Network and The Halifax Herald, two financially ...

HALIFAX — A Nova Scotia judge received good news today during an update on the proposed sale of the SaltWire Network and The Halifax Herald, two financially troubled companies that operate Atlantic Canada's largest newspaper chain.

A lawyer representing the monitor overseeing the restructuring told the judge that "everything has unfolded the way it was supposed to."Last week, a report from the monitor — Toronto-based KSV Restructuring — confirmed that several bidders have submitted non-binding offers to buy all or part of the two companies.

Gen Z job seeker refused to do 90-minute task because it ‘looked like a lot of work’—now the CEO who complained about it is being slammed Ask an Advisor: I Made $310,000 Last Year and Have $546,000 in Retirement Savings, But My Spouse Doesn't Work. How Can I Save More? Michael O'Leary says that if football players and their managers can get paid in the multi-millions, why not him?Assault charges against two security guards who worked at a downtown Halifax bar have been withdrawn moments before their trial was supposed to get underway.Alexander Levy, 38, and Matthew Day, 33, were both charged in relation to an incident outside the Halifax Alehouse on Oct. 10, 2022.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bidders express interest in buying all or part of SaltWire newspaper businessHALIFAX — A Toronto-based restructuring firm says several bidders have offered to buy all or part of SaltWire Network and The Halifax Herald, the two...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »