Transcontinental Ends Fiscal 2013 with a Steady Performance
For more detailed financial information, please see Management's Discussion and Analysis for the fiscal year ended October 31, 2013 as well as the financial statements in the "Investors" section of our website at www.tc.tc.
Subsequent Event
Announcement of a definitive agreement to acquire all Quebec community newspapers from Sun Media Corporation
On December 5th, 2013, the Corporation announced that it has entered into a definitive agreement pursuant to which it will acquire all Quebec community newspapers and associated web properties from Sun Media Corporation, a subsidiary of Quebecor Media, for a total purchase price of $75 million. This agreement has been approved by the Boards of Directors of both Transcontinental Inc. and Quebecor Media, and the transaction is subject to obtaining regulatory clearances under the Canadian Competition Act.
- Companies:
- Transcontinental Inc.