Postmedia in Merger Talks With Toronto Star Owner Nordstar

Postmedia in Merger Talks With Toronto Star Owner Nordstar
A security guard stands by the front reception desk at Postmedia's Toronto headquarters in a file photo. The Canadian Press/Chris Young
The Canadian Press
Updated:

Postmedia Network Canada Corp. said Tuesday that it’s in talks to merge with Nordstar Capital LP, the owner of Metroland Media Group and the Toronto Star.

The two publishers say the proposed deal, which is yet to be finalized, is a bid to create greater scale so they can respond to the “existential threat” facing the media industry.