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Talks under way with potential buyer for Atlantic Canada’s largest newspaper chain

KSV Advisory featured in the Globe and Mail article: Talks under way with potential buyer for Atlantic Canada’s largest newspaper chain - The Globe and Mail

The court-appointed monitor overseeing the potential sale of Atlantic Canada’s largest newspaper chain has confirmed selection of a bidder who has plans to operate SaltWire Network Inc. and The Halifax Herald Ltd. as viable businesses.
In a report dated Wednesday, Toronto-based KSV Restructuring Inc. says talks with the unnamed bidder are advancing toward a transaction that could be completed by Aug. 9, assuming an extension is granted to the sales process.