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SALES & ACQUISITIONS: CANWEST GLOBAL NOW OWNS PULP & PAPER CANADA

POINTE CLAIRE, QC — Ed. note: Mergers are not for pulp and paper companies alone. On July 31, 2000, it was announced that CanWest Global Communications Corp. had purchased the most of the assets of H…

POINTE CLAIRE, QC — Ed. note: Mergers are not for pulp and paper companies alone. On July 31, 2000, it was announced that CanWest Global Communications Corp. had purchased the most of the assets of Hollinger Inc. for CDN$3.5 billion in cash and stock. These assets included 28 daily newspapers, 136 community newspapers and 85 specialty magazines, of which Pulp & Paper Canada is one. Founded as the Pulp and Paper Magazine of Canada in 1903 by E.B. Biggar (Biggar-Samuel, Limited), it changed hands for the first time in 1905 when the Monetary Times Printing Co. acquired a controlling interest in Biggar-Samuel. National Business Publications acquired the magazine in 1929. In 1970, Southam purchased the assets of National Business. Hollinger acquired a controlling interest in Southam in 1996. No matter who owns us, we remain dedicated to providing the best coverage possible of the industry.