Torstar Corporation

Torstar announces community and daily newspaper transaction with Postmedia


Torstar Corporation





Date Closed

November 2017

Lead Office



On November 27, 2017, Torstar Corporation (“Torstar”) announced that it had completed a transaction with Postmedia Network Inc. ("Postmedia") relating to the purchase and sale of a number of community and daily newspapers.

As part of the transaction, Torstar has acquired eight weekly community publications, seven daily community newspapers and two free daily newspapers from Postmedia. In addition, Torstar has sold 22 weekly community newspapers and two free daily publications to Postmedia. 

Torstar Corporation is a broadly based Canadian media company.

Postmedia is a Canadian newsmedia company.

Peter Glossop from Osler, Hoskin & Harcourt LLP represents Torstar on competition matters.