The Toronto Star is Canada's largest daily newspaper and is now faced with battling the Post as well as the Globe and Mail to retain that title. The title however, comes with a price. Both Torstar and Quebecor are slightly overwhelmed with the cost of the deal. Trying to find a solution to their financial woes, the companies are working together, a path that analysts agree with. So it's good to see they're going to co-operate to keep costs down.
Some ideas being discussed include the two companies working as partners in distribution.
The battle for Sun Media began October 28 when Torstar made a surprise bid for the company. Quebecor stepped in and upped the ante, offering a price that Torstar couldn't top.