Corus Entertainment, the parent company that owns Global News, lost $277.1 MILLION between April and June of this year as revenues fell 14%.
- Thread starter DisobeyTyranny
- Start date
damn, that’s starting to almost sound like real money.
KosherHiveKicker73
Active Member
If that keeps up, Corus is losing more than a billion a year now, plus they are in debt with liabilities of over $500 million. Their stock price went from 10.5 cents to 4 cents today, with a low of 3 cents.
ca.finance.yahoo.com
ca.finance.yahoo.com
Under an agreement announced Monday, the radio and television broadcaster said $500 million of its senior notes will be exchanged for 99 per cent of the shares in the restructured company.
Corus Entertainment Inc. (CJR-B.TO) Stock Price, News, Quote & History - Yahoo Finance
Find the latest Corus Entertainment Inc. (CJR-B.TO) stock quote, history, news and other vital information to help you with your stock trading and investing.
ca.finance.yahoo.com
Corus announces recapitalization deal as it seeks relief from its debt burden
TORONTO — Corus Entertainment Inc. says it has signed a recapitalization deal that will see its debtholders take ownership of the company.
ca.finance.yahoo.com
Corus announces recapitalization deal as it seeks relief from its debt burden
TORONTO — Corus Entertainment Inc. says it has signed a recapitalization deal that will see its debtholders take ownership of the company.Under an agreement announced Monday, the radio and television broadcaster said $500 million of its senior notes will be exchanged for 99 per cent of the shares in the restructured company.
Hirudinea
12" Member
d01tg0d0wn
Based Member
