Toronto-based KSV Restructuring Inc., in a report filed Friday, said some of those non-binding offers, if accepted, would enable the deeply indebted companies to continue operating as viable businesses.
More than 250 prospective purchasers and potential investors were sent so-called teaser letters and non-disclosure agreements advising them of the sale process.
A Toronto-based restructuring firm says several bidders have offered to buy all or part of SaltWire Network and The Halifax Herald, the two insolvent companies that operate Atlantic Canada s largest newspaper enterprise.
HALIFAX - Several bidders have offered to buy all or part of SaltWire Network Inc. and The Halifax Herald Ltd., the two insolvent companies that operate Atlantic Canada s largest newspaper
Bidders express interest in buying all or part of SaltWire newspaper business coastreporter.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from coastreporter.net Daily Mail and Mail on Sunday newspapers.