Owners play hot potato with CFCF

Article Abstract:

Winnipeg, Canada-based CanWest Global Communications Corp. has obtained CTV affiliate, CFCF-12, under its acquisition of 11 WIC Western Communications Inc.-owned television stations. CanWest's acquisition from the Vancouver, Canada-based firm represents the fourth transition of ownership for the leading English-language channel in Montreal, Canada, in less than two years. The highly lucrative television station however, faces the possibility of having a fifth ownership change. CanWest had indicated that the station could be one of the properties it will sell after its C$950 million-deal with Shaw Communications Inc., WIC's controlling shareholder.

Comment:

Could eventually sell CFCF-12, which it will obtain under its acquisition of 11 WIC Western Communications television stations

Strategy & planning, Radio & TV Broadcasting, Radio and Television Broadcasting, Broadcasting industry, Broadcasting, CanWest Global Communications Corp., Article

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Deal would put aluminum firm near top spot in Quebec

Article Abstract:

Alcan Aluminum Ltd would rival BCE Inc for the status as the No. 1 aluminum producer in Quebec, Canada, if it successfully closes a three-way merger with France's Pechiney SA and Switzerland's Alsuisse Lonza Group AG. The merged company's total sales would dropped with the divestiture of non-aluminum holdings, but the merged company could still exceed BCE's yearly revenues of C$27.5 billion.

Acquisitions & mergers, France, Switzerland, Other Aluminum Rolling and Drawing, Aluminum Mill Products, Alcan Inc., Pechiney SA

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Paper war spurs lurid reporting

Article Abstract:

The front page of a newspaper easily signals a newspaper war as it contains the hottest stories of a particular place or region in the country. La Presse, a 119-year-old newspaper in Quebec, Canada, has emerged most equipped in all the senses but does not have a very large number of readers due to it's lurid reporting.

Newspapers, Market share, Newspaper publishing, Company market share, La Presse Ltd.

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