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- On February 17, 2022, Postmedia announced its intent to acquire Brunswick News for $7.5 million in cash and $8.6 million in voting shares of Postmedia stock, valued at $2.10 per-share. BNI's co-CEO Jim Irving stated that the sale marked J. D. Irving's "exit from the media business". The acquisition was completed on March 25, 2022.
en.wikipedia.org/wiki/Brunswick_News
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Brunswick News Inc. ( BNI) was a Canadian newspaper publishing company based on Bloor Street in Toronto. [1] Once privately owned by James K. Irving and based in Saint John, New Brunswick, it was sold to Postmedia Network in 2022.
Feb 18, 2022 · Brunswick News Inc., which publishes three daily newspapers and six weeklies in the province, has been sold to Ontario-based Postmedia Network Inc.
Mar 25, 2022 · March 25, 2022 (TORONTO) – Postmedia Network Canada Corp. (“Postmedia” or “the Company”) today announced the closing of the previously announced agreement to purchase all of the issued and outstanding shares of Brunswick News Inc. (“BNI”).
Feb 21, 2022 · Brunswick News is owned by J.D. Irving Ltd. The approximate $15 million deal involves the purchase of New Brunswick’s three dailies, Telegraph-Journal, Times & Transcript and The Daily Gleaner.
Feb 17, 2022 · February 17, 2022 (TORONTO) – Postmedia Network Canada Corp. (“Postmedia” or the “Company”) today announced it has entered into a definitive agreement with J. D. Irving, Limited (“JDI”) to purchase all of the issued and outstanding shares of Brunswick News Inc. (“BNI”).
Mar 25, 2022 · Postmedia Network Canada Corp. has closed its $16.1-million deal to acquire media publisher Brunswick News Inc. from conglomerate J.D. Irving Ltd., a move that will expand Postmedia’s reach to the Atlantic region and help grow its parcel delivery service, the company said Friday.
Mar 25, 2022 · Postmedia Network Canada Corp. (TSX:PNC.A, PNC.B) is the holding company that owns Postmedia Network Inc., a Canadian newsmedia company representing more than 130 brands across multiple...
