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OT: Trouble in paradise at Toronto Star


StubbleJumper
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Shareholders of FFH will recall that Paul Rivett collaborated with a group to buy Toronto Star a couple of years ago.  Some eyebrows were raised about the price paid and the circumstances of the transaction.  In particular, @bearprowler6 noted that the price may have been inadequate and subsequent competing bids for the company were spurned by TS's board of directors while FFH's board of directors didn't seem to push for a higher bidder.  Well, now there seems to be trouble in paradise with Paul Rivett seemingly in a scrap with his principal partner:

 

https://nationalpost.com/news/canada/court-asked-to-force-sale-of-toronto-star-as-two-owners-irrevocably-impaired-over-future-of-media-giant

 

No immediate relevance to FFH.  But, for fuck's sake, how can't they make a buck at the price they paid?

 

 

SJ

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