Paul Rivett, one of the owners of Nordstar Capital Inc., an investment company that purchased Torstar in 2020, filed an application to the Ontario Superior Court of Justice earlier this month that says immediately dissolving Nordstar is the only way to create a clear path forward for the companies under its umbrella.From our newsroom to your inbox at noon, the latest headlines, stories, opinion and photos from the Toronto Sun.
Rivett has asked the court to appoint PricewaterhouseCoopers to manage an asset sale to resolve the “impasse” between the two parties.In 2020, Nordstar acquired Torstar, taking the company private, including theWe apologize, but this video has failed to load.Prior to the deal closing, Nordstar upped its bid for Torstar from $52 million to $60 million in response to a rival offer for the media conglomerate.
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I have long considered the Star one of the many things wrong with Toronto. It used to be stores that closed on Sunday, mediocre restaurants, people with no fashion sense, poor customer service, dull art scene. Everything else got better but not the Star. It got worse.
Great! I’d love to see the Red Star go Super Nova, then Blackhole and suck in the CBC RedStar deadstar
Heather Mallick will never work at another paper if Torstar closes. For god sake closr it
Make it happen.
Is that a picture of the PMO with the article? 🤡🧐🤓
First globalnews now Torstar . Good riddance .
jeannetix_ 🎵Let it die. Let it die. Let it die. Let it shrivel up and die!🎵
After fanning flames of hate and hysteria with this article, I say bye bye. They butchered the actual tweets to this too.
winding up the Toronto Star would be a merciful act.
Where can I vote with that ‘one’
Shut it down we don't need them they are totally useless Woke and irrelevant
Wind it up. Do the country a service.
Bloody rag dies by a million paper cuts.
Do it Torstar. Fade away.
I will actually help pay their litigation fees to move that process forward
Wait....based on all it's reporting i thought the government runs the toronto star. My bad.