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TORSTARToronto Star (Canadian Newspaper)
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The deal is expected to be completed by the end of the third quarter, subject to customary closing conditions such as regulatory clearance and Torstar shareholder approval.
We have been investing for some time in digital businesses that reach customers in new ways -- TeamSnap was a natural fit for us," said Chris Goodridge, president of Torstar Digital.
The purchase price for the acquisition was C$455 million in cash, subject to certain adjustments, and the transaction was completed following approval by regulatory authorities and shareholders of Torstar.
According to The Canadian Press, the cuts are being made as part of the company's restructuring plans to save CAD3m a year and Torstar will book a restructuring charge of approximately CAD2.
David Galloway, who worked his way up at Torstar through its Harlequin Enterprises book division (publisher of "women's fiction," a.
Transit TV is a wholly owned subsidiary of Torstar Corporation, Toronto, Canada.
9, 2010 /PRNewswire/ -- Digital Rapids - the leading provider of tools and solutions for bringing television, movie and Web content to wider audiences - announced today that direct-response television provider Torstar Media Group Television (TMGTV) has selected the Digital Rapids C2[sup.
The publisher of Harlequin novels and The Toronto Star, Torstar Corporation (TSX:TS.
The Toronto-based mobile marketing and technology company, Juice Mobile has inked an exclusive partnership with Torstar s Metro English Canada to represent its complete mobile inventory to advertisers.
A weak performance by Canadian publisher Harlequin has caused a fall in revenue for its parent company Torstar who saw operating revenue for its first quarter in 2004 fall to CAD352.
is 80 percent owned by the David Black family and 20 percent by Torstar Corporation.