Sun News Network not included in Postmedia purchase

Quebecor today announced the sale of its English-language operations, consisting of 175 publications including the Sun chain of dailies, its community dailies and weeklies, its Canoe portal in English Canada and its Islington printing plant, to Postmedia Network Canada.

The $316-million transaction is subject to the Competition Bureau’s approval. While it is under review, Sun Media Corporation will continue managing the assets and publications in question.

The deal does not include Sun News Network which will remain with Quebecor Media.

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