A security guard stands by the front reception desk at Postmedia's Toronto headquarters on March 12, 2018. THE CANADIAN PRESS/Chris Young
Postmedia Network Canada Corp. has confirmed that it is in talks to merge with Nordstar Capital LP, the owner of Metroland Media Group and the Toronto Star.
The company says discussions are so far non-binding to consider a combination.
More to come.
This report by The Canadian Press was first published June 27, 2023.
Companies in this story: (TSX:PNC.A; TSX:PNC.B)
Note to readers: This is a corrected story. The headline in a previous version erroneously described the deal’s structure.