Saltwire takeover would give Postmedia a coast-to-coast monopoly

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Saltwire takeover would give Postmedia a coast-to-coast monopoly

Here’s how bad things have gotten in Canada’s troubled newspaper industry: one bankrupt chain is now being taken over by a chain that is effectively bankrupt. Believe it or not, there is a high-finance method to this madness, but as CD media columnist Marc Edge explains, it takes a vulture capitalist mindset to wrap your brain around it.