The Canadian Press on MSN

Corus Entertainment announces recapitalization deal, will swap debt for shares

Corus Entertainment Inc. says it has signed a recapitalization deal that will see its debtholders take ownership of the ...
Realscreen

Corus board approves plan to reduce debt via recapitalization

Canada’s Corus Entertainment’s board of directors has approved a plan to significantly reduce the company’s debt in a recapitalization transaction with lenders and bondholders. The move will see Corus ...