Business News

Harlequin Signs Agreement to Acquire Full Ownership of German Operation

Wednesday 21. April 2010 - Torstar Corporation (TSX:TS.B) today announced that its wholly-owned subsidiary, Harlequin Enterprises Limited, has signed an agreement to acquire full ownership of its German publishing business, Cora Verlag, from Axel Springer Verlag, Harlequin's joint venture partner in Germany since 1976.

The transaction is subject to German regulatory approval.