National Post to close if court nixes transfer

[Francis2004]

It could very well be that Canada will lose a major National News Paper by week's end..

The National Post newspaper will cease operations unless a Toronto court approves a new ownership structure for the paper by Friday, the paper's owners say.

A committee overseeing the company's restructuring "has made it clear it would not continue to allow the funding of the losses of the National Post past Oct. 30, 2009," a Canwest Global Communications Corp. court filing released Thursday says.

CBC News - Money - National Post to close if court nixes transfer

 

[Risus]

The National Post was a good newspaper until Canwest got hold of it, so it looks good on them.

 

[FiveParadox]

Whatever would we do without the National Post? :lol: