E- Mail ReplyThank you for your complaint to the Ontario Securities Commission (OSC) concerning Torstar Corporation (Torstar). You believe that the recently announced acquisition of Torstar does not reflect an accurate valuation of the company.
Torstar is a reporting issuer (public company) in Ontario and the OSC is its principal regulator.
Corporate Finance
We appreciate you taking the time to send in the complaint. I have thoroughly reviewed the information you provided and have forwarded it to the Corporate Finance branch of the OSC for further review. Their review of this matter will focus on any potential violation of Ontario securities law, and in particular disclosure related concerns. Please note that regulatory reviews are conducted confidentially. Any issues that staff may identify will be addressed with the issuer directly.
If you have any questions about the information provided above, please call me at the number below.
Sincerely,
Christopher Callahan
Lead Inquiries Officer
Ontario Securities Commission
inquiries@osc.gov.on.ca
416-593-8314
1-877-785-1555