Lenders Block Ssense Founder Buyout, Seek Liquidation
A Bank of Montreal-led lender group is opposing the founders' bid to buy Ssense out of bankruptcy, arguing liquidation would recover more cash. The dispute puts 760 Quebec jobs at risk.
A Bank of Montreal-led lender group is opposing the founders' bid to buy Ssense out of bankruptcy, arguing liquidation would recover more cash. The dispute puts 760 Quebec jobs at risk.
The window for employees at GM's CAMI Assembly plant in Ingersoll, Ont., to accept voluntary buyout packages has now closed. The move comes as the automotive industry continues to evolve.
Warner Bros. has turned down a revised $108 billion acquisition offer for Paramount Global, citing concerns over the leveraged buyout structure. Get the full details on this major media industry development.
Warner Bros. has rejected a revised acquisition bid from Paramount, labeling it a risky leveraged buyout. Get the full details on this major media industry development.
Warner Bros Discovery's board unanimously rejected Paramount Skydance's $108.4 billion hostile bid, calling it a risky leveraged buyout. It reaffirmed commitment to Netflix's $82.7B offer. Read the full analysis.
Elwood Quinn, the visionary founder of Montreal's cherished Quinn Farm, has died at age 78. Discover his legacy and the future of the iconic agritourism destination.
Edmonton Oilers fans question the 8-year, $3.85M contract for Trent Frederic. We analyze his performance, the buyout implications, and the team's current standing. Read the full Oilers mailbag.
iRobot, the pioneering company behind the Roomba vacuum, has filed for Chapter 11 bankruptcy and is seeking a buyer for its manufacturing business. Get the full story on this tech industry shakeup.
Billionaire Richard Branson shares the poignant story of being with his wife of 50 years, Joan Templeman, when she died as they both recovered in a UK hospital. Read his heartfelt tribute.
Billionaire Richard Branson shares a touching tribute to his wife of 50 years, Joan Templeman, who died at age 80. Read his emotional story of their final days together.
Joan Branson, wife of Sir Richard Branson for 50 years, has passed away at age 80. The British billionaire announced the sad news, paying tribute to his 'rock' and 'guiding light'.
Canadian public servants planning December retirement face difficult choice: retire now with permanent pension penalty or wait for potential government buyout program. Expert analysis reveals timelines and risks.
Halifax re-examines founder Edward Cornwallis' legacy amid controversy over his 1749 bounty for Mi'kmaq scalps. Discover the complex historical context of colonial-Mi'kmaq conflicts.
Spanish billionaire Amancio Ortega, founder of Zara, acquires The Post office complex in Vancouver for $1.1 billion, marking his third major Canadian real estate purchase. Discover his investment strategy.
Investment firm Plantro proposes $384 million acquisition of legal tech company Dye & Durham, offering more than double the current share price amid company's financial challenges.
An Ontario lender seeks receivership for the historic Stampede Ranch, once owned by Calgary Stampede founder Guy Weadick, over $4.4 million in unpaid loans. Court hearing set for December.
Canadian private equity activity surges to $56 billion in first nine months of 2025, driven by major deals including GardaWorld's $14-billion buyout. Discover the factors behind this record growth.