Canada’s largest newspaper chain, Postmedia, is owned by an American hedge fund headed up by a wealthy donor to Donald Trump.

  • Phoenixz@lemmy.ca
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    1 day ago

    No

    They bay was bought up by some investment firm.

    What these companies do, typically, is just squeeze all the money out of their next target by any way possible.

    For example: The buildings that are owned by the companies will be sold for cheap to a different company that is also owned by them and then rented back at insane rates.

    The bay received no investments whatsoever, and miracle o miracle, it went bankrupt and we have no idea how!

    I went there a lot for reasons and I can tell you that nobody went there anymore because it was all shit. Old, ugly, no maintenance. Want to go 6 floors up? Walk up the stairs because ALL the elevators are out