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Old 01-19-2016, 03:05 PM   #18
saillias
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Found some relevant tweets:

Derek DeCloet @decloet26m26 minutes ago
It's easy (and understandable) to point at Godfrey's pay. But the real lesson of #postmedia is that media companies need good owners. (1/3)

#postmedia has the worst combination: weak ownership and an awful capital structure. No newspaper biz can support that kind of debt. (2/3)

#Postmedia's last quarter: $19.4-mn in operating profit, $18.7-million in interest expense. That's all you need to know. (3/3)
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