Latest Corporate News Releases
(Toronto - March 12, 2010) Canwest Limited Partnership / Canwest Societe en Commandite (“Canwest LP”), a subsidiary of Canwest Global Communications Corp. (“Canwest”) today announced the resignation of Dennis Skulsky as President and Chief Executive Officer of Canwest Publishing effective April 30, 2010, in order that he can spend more time with his family and pursue other opportunities closer to his home in British Columbia.
Canwest announces resignation of Leonard Asper(Winnipeg - March 4, 2010) Canwest Global Communications Corp (“Canwest” or the “Company”) announced today that Mr Leonard Asper has tendered his resignation as President and Chief Executive Officer and all other director and officer positions with Canwest and its subsidiaries in order to pursue other business opportunities and to avoid any concerns regarding potential conflicts of interest. Mr. Asper will continue to provide the Company with advice through a consulting agreement until such time that Canwest emerges from CCAA protection.
Court approves agreement with Shaw to invest equity in a Restructured Canwest upon emergence from creditor protection(Winnipeg - February 19, 2010) Canwest Global Communications Corp (“Canwest” or the “Company”) announced today that the Ontario Superior Court of Justice (Commercial List) (the “Court”) has granted an order (“Approval Order”) approving and authorizing the Company to enter into a Subscription Agreement with Shaw Communications Inc (“Shaw”) and the other transaction agreements relating to Shaw’s commitment to make an equity investment in a restructured Canwest (“Restructured Canwest”) upon completion of the Company’s proposed recapitalization transaction.
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