TITLE

Torstar to Divest Education Group

AUTHOR(S)
Milliot, Jim
PUB. DATE
November 2000
SOURCE
Publishers Weekly;11/13/2000, Vol. 247 Issue 46, p12
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports on the decision of Torstar to sell the educational assets of its Children's Supplementary Education Publishing division in November 2000. Hiring of Morgan Stanley Dean Writer to help sell the assets; Units to be sold; Reasons for the move; Units that will be retained by the company.
ACCESSION #
3777396

 

Related Articles

  • Mediocre results from Harlequin. J.M. // Publishers Weekly;11/17/1997, Vol. 244 Issue 47, p12 

    Offers financial news and book sales information from Torstar. Sales at its Harlequin book publishing subsidiary for the third quarter of 1997; Operating profits reported; How Torstar's Troll purchase impacted its supplementary education group; Personnel changes at Troll.

  • Torstar to Keep Edn. Group, Except For Troll.  // Publishers Weekly;1/11/1999, Vol. 246 Issue 2, p17 

    Reports the plan of Torstar company to keep the majority of the companies that make up its children's supplementary education publishing group (CSEP). Review on the strategic alternatives for Troll Communications; Total sales of the CSEP division in 1997.

  • Citizens appoints advisor.  // Fairfield County Business Journal;08/09/99, Vol. 38 Issue 32, p4 

    Reports that directors of Stamford, Connecticut-based Citizens Utilities Co. have appointed investment banking firm Morgan Stanley & Co. as financial advisor for the company's divestiture of its Public Services businesses.

  • Morgan Stanley Spinning Off Equity Fund.  // American Banker;2/27/2004, Vol. 169 Issue 39, p20 

    States that Morgan Stanley will spin off its private equity fund, Morgan Stanley Capital Partners, and mentions the interview with Howard Hoffen, who will head the new entity.

  • Torstar to sell Troll. Lorinc, John // Quill & Quire;Feb99, Vol. 65 Issue 2, p19 

    Reports on the plans of Torstar Corp. to divest its money-losing book club operation, Troll Communications in the wake of a failed takeover of the newspaper 'Toronto Sun' in Toronto, Ontario. Justification of the decision; Financial performance of Torstar in 1998; Company history.

  • Morgan Stanley: Delaying the Inevitable. Hahn, Avital Louria // Investment Dealers' Digest;4/11/2005, Vol. 71 Issue 14, p7 

    Reports on the controversy regarding the likely sale of Morgan Stanley & Co. Inc. in the U.S. Escalation of the battle between CEO Philip Purcell and the former bankers of the company; Support of the board of directors to Purcell; Lawsuits faced by the firm involving fraud.

  • Orica May Sell Stake in Fertilizer Firm. Young, Ian // Chemical Week;10/12/2005, Vol. 167 Issue 33, p20 

    This article reports that Orica is considering plans to divest its stake in fertilizer company Incitec Pivot as of October 2005. Orica appointed Morgan Stanley late last year to assist in considering the alternatives available in relation to maximizing the value of Orica's investment in Incitec...

  • MORGAN STANLEY SETS DISCOVER SPIN-OFF RATIO.  // CardLine;5/4/2007, Vol. 7 Issue 18, p25 

    The article unveils the plan of Morgan Stanley to spin off its Discover Financial Services unit to shareholders in December 2007. Discover estimates that there will be approximately 527 million Discover common shares. Morgan Stanley announced that it will issue 100 percent of Discover stock to...

  • Morgan Stanley: spin-off shelved.  // MarketWatch: Financial Services;Oct2005, Vol. 4 Issue 10, p8 

    Comments on the decision taken by John Mack, chief of Morgan Stanley & Co. Inc., to retain its Discover card unit. Appreciation of the decision; Results of the internal review concluded by Morgan Stanley; Contribution of Discover in the total profit earned by Morgan Stanley; View that while its...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics