TSX:CJR-B - Toronto Stock Exchange - CA2208741017 - Common Stock - Currency: CAD
Canadian television company Corus Entertainment Inc. is working with Jefferies Financial Group to explore a sale of its business, according to people with knowledge of the situation.
Mentions: JEF
Canadian television company Corus Entertainment Inc. has agreed to halve the size of a debt lifeline in exchange for more relaxed conditions from its lenders, according to a Friday press release.
Telecommunications firm Rogers Communications Inc. is abusing its market power following its blockbuster acquisition of Shaw Communications Inc., according to a complaint by a Canadian television company.
Corus Entertainment Inc. said it may soon breach its debt covenants and that it’s planning further restructuring as advertising revenue continues to tumble.
Shares of Canadian media company Corus Entertainment Inc. may be worth zero if Rogers Communications Inc. is successful in snatching away programming and trademark deals for channels owned by Warner Bros Discovery Inc., according to analysts at TD Cowen.