Unlocking Torstar Value???Hello Mediawatcher,
You seem to be a very astute participant in these conversations and I appreciate your input.
(But) Why do you find it so necessary to constantly promote an alliance with Mr. Godfrey?
..." The valuation of the traditional newspaper businesses would be greatly enhanced if Torstar could build some strategic alliances with other newspaper/media companies. Markets need to be rationalized (especially Toronto) and the race to the bottom is not going to end well for any of the newspaper companies ..."
( emphasis mine )
The abyss, that seperates Mr. Honderich and Mr. Godfrey, doesen't appear to be spannable with $$$s. How would these two very distinct enterprises be malleable enough to efficiently replace existing assets? The two corporate cultures seem polar opposites. I don't think Mr. Watsa ever intends day to day supervision of any Investment. (Maybe DonPlata33 has some suggestions???)
Can't we try to circumvent the 5 Families before cleaving the Toronto Media Gordian Knot? -- GLTA