Friday, April 30, 2010

Canada's Banks would like part of the financing

Canadian Bank of Clearance unable to finance deal? Lame.
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http://www.theglobeandmail.com/report-on-business/torstar-cash-at-hand-leads-canwest-bidding/article1542453/
Quote, "CanWest's bankers have put a priority on getting their money back fast, so any bid financed by debt has a lower chance – and the publisher of the Toronto Star has a wealthy backer." [Non sense. ]