Torstar to be Sold, Taken Private in $52-Million Deal

Posted Wednesday, May 27, 2020 7:52 am

Josh Rubin | Toronto Star

The company that publishes the Toronto Star has agreed to be sold to a company run by entrepreneurs Jordan Bitove and Paul Rivett in a deal worth roughly $52 million.

Torstar, a print and digital publishing company that runs newspapers and websites across the country, including the Toronto Star and thestar.com, announced the deal with NordStar Capital Tuesday evening.

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Torstar to be Sold, Taken Private in $52-Million Deal

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