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Friday, November 1, 2013

Hedge fund Silver Point buys 19 pct stake in Canada's Postmedia

... losses as advertisers shy away from print titles in favor of online destinations. In the filing dated Oct. 10, Greenwich, Connecticut-based Silver Point said it had acquired almost 7.5 million of Postmedia's Class B shares for investment purposes ...

http://www.reuters.com/article/2013/11/01/postmedia-silverpoint-idUSL1N0IM1YH20131101?feedType=RSS&feedName=cyclicalConsumerGoodsSector

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