Germany's Rapid Union Sets Stage for Economic Overhaul
East and West Germany move to unify economies by week’s end in a rapid, costly merger. Officials project 2 million East Germans may lose jobs as West German currency and laws spread east, with 60 to 70 billion marks needed next year for unemployment and repairs.
MENTIONED IN THIS ARTICLE
East
West Germany
Bonn
East Berlin
Germany
Helmut Kohl
Kohl
East Germany
Egbert Steinke
Berlin Chamber of Commerce and Industry
Doris Cornelien
German Institute For Economic Research
Southam in Spotlight as Standstill Ends Amid Takeover Talk
After five years the standstill between Torstar and Southam Inc. ends Saturday. Market rumor places Southam as a potential takeover target with bids rumored from Power Corp, Hollinger, Molson, and Torstar. Torstar holds 23 percent of Southam voting shares. the two firms agreed to vote together for a decade.
MENTIONED IN THIS ARTICLE
Germany
Ian Austen
Southam News
Ottawa
Torstar Corp
Southam Inc
Southam
John Fisher
Coles
Torstar
Southam Family Group
Fishers
Balfours
Fisher
Doonesbury era family ties shape Torstar Southam plan
The piece notes Doonesbury founder stance on family unity amid stock dynamics with Southam and Torstar. It cites internal family splits over stock value and potential sales, and explains how Torstar seeks Southam’s large stake to diversify and boost paper earnings amid Toronto market weakness and regional gains at Southam in British Columbia and Alberta.
MENTIONED IN THIS ARTICLE
Southam
Torstar
Toronto
Ontario
British Columbia
Alberta
David Jolley
Possible Southam Bid Sparks Industry Talk in Canada
Toronto Star executives decline comment on Southam purchase while analysts weigh a Torstar move and the implications of ownership concentration. Power Corp and Molson are named as potential bidders, with estimates of bids near 500 million to 600 million per asset and Toronto Star's potential role in selling off assets to ease Ottawa concerns.
MENTIONED IN THIS ARTICLE
Toronto Star
Torstar
Southam
Andre Ducharme
Levesque Beaubien Geoffrion
Montreal
Ottawa
Ducharme
Power Corp
Consolidated Bathurst
Paul Desmarais
Desmarais
Europe
Canada
Power
Meech Lake
Black
Hollinger
Laurel Slocum
Bunting Warburg Ince
Toronto
Molson Companies
Beaver Lumber Co. Ltd
Diversey Chemicals
Molson
Ottawa Citizen
Montreal Gazette
Coles
Also Mentioned on This Page
T.V
Trevor Johnston
Doonesbury
MR. Butts
Davenport
Garry Trudeau
Southam Newspaper Group
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