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Canada's CanWest gets More Time

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Broadcaster Magazine

Canwest Global Communications has obtained another two weeks in its bid to reach a deal on a recapitalization plan, the company said on Monday evening.

The deadline to reach an agreement was set to expire on Monday, but holders of its 8 percent Canwest Media Inc. notes agreed to extend it to June 30, to allow discussions to continue.

Read 129 times Last modified on Friday, 26 March 2010 14:02
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