For just the price of a cup of coffee plus several million dollars, you can help a struggling media property get off its feet and out of debt. The National Post’s Jen Gerson explains the whole debt vs. stock thing better than I can. Postmedia’s American hedge fund masters are selling their majority stake but at least one potential buyer says it can’t see a “viable, long-term business” there. Meanwhile on the Internet: 14 Phrases Market Analysts Use to Say “Duh.” One wonders whether any former media barons (of, say, Crossharbour) might have some cash to spare.
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