Torstar Announces Completion of Sale of Hamilton Building

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TORONTO, March 2, 2020 /CNW/ -Torstar Corporation announced today that it has completed the sale of the land and building used by the Hamilton Spectator at 44 Frid Street in Hamilton, for a purchase price of $25,750,000.

Metadata

Provider:

PR Newswire

Retrieved on:

Monday, March 2, 2020

Information

Tags:

Media in Canada, Economy of Toronto, ONTARIO, The Hamilton Spectator, Toronto Star, CTV 2, Torstar, Toronto, Free daily newspapers, Daily News Brands, StarMetro

Geotags:

ONTARIO

Organisation:

TORSTAR CORPORATION

Website:

http://www.torstar.com

Summary

Key Points:

TORONTO, March 2, 2020 /CNW/ -Torstar Corporation announced today that it has completed the sale of the land and building used by the Hamilton Spectator at 44 Frid Street in Hamilton, for a purchase price of $25,750,000.
Torstar Corporation is a broadly-based media company listed on the Toronto Stock Exchange (TS.B).
Its businesses include the Toronto Star, Canada's largest daily newspaper, six regional daily newspapers in Ontario including The Hamilton Spectator, and more than 70 weekly community newspapers in Ontario; flyer distribution services: and digital properties including thestar.com (with local editions in Toronto, Vancouver, Calgary, Edmonton, Winnipeg, Ottawa and Halifax), wheels.ca, save.ca, toronto.com, a number of regional online sites and eyeReturn Marketing.
It also holds a majority interest in VerticalScope, a North American vertically-focused digital media company.

Torstar Announces Completion of Sale of Hamilton Building

TORONTO, March 2, 2020 /CNW/ - Torstar Corporation announced today that it has completed the sale of the land and building used by the Hamilton Spectator at 44 Frid Street in Hamilton, for a purchase price of $25,750,000.

ABOUT TORSTAR CORPORATION
Torstar Corporation is a broadly-based media company listed on the Toronto Stock Exchange (TS.B). Its businesses include the Toronto Star, Canada's largest daily newspaper, six regional daily newspapers in Ontario including The Hamilton Spectator, and more than 70 weekly community newspapers in Ontario; flyer distribution services: and digital properties including thestar.com (with local editions in Toronto, Vancouver, Calgary, Edmonton, Winnipeg, Ottawa and Halifax), wheels.ca, save.ca, toronto.com, a number of regional online sites and eyeReturn Marketing. It also holds a majority interest in VerticalScope, a North American vertically-focused digital media company.

Torstar's news releases are available on the Internet at www.torstar.com

SOURCE Torstar Corporation