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Funds buying at Postmedia Network Canada (T:PNC)

Updated Wednesday Dec 06, 2017 02:22 AM EDT

Anthony Melchiorre, a 10% Holder, acquired 422,807 Class NC Variable Voting Shares on a control or direction basis for registered holder Various Funds Managed by Chatham Asset Management, LLC at a price of $2.000 on November 30th, 2017. This represents a $845,614 investment into the company's shares and an account share holdings change of 0.7%.

Postmedia Network Canada is in the Consumer Publishing Sub Industry Group under the Consumer Cyclicals Sector.

Postmedia Network Canada Corp. is a Canada-based holding company that owns Postmedia Network Inc., a Canadian news media company representing over 200 brands across multiple print, online and mobile platforms. The Company's business consists of news and information gathering and dissemination operations, with products offered in local, regional and metro markets in Canada through print, Web, tablet and smartphone platforms. The Company operates through the Newsmedia segment that publishes daily and non-daily newspapers and operates digital media and online assets, including the canada.com network and canoe.com Websites, each newspaper's online Website and Infomart, the Company's media monitoring service. Some of the Company's brands include National Post, Vancouver Sun, The Province, Calgary Herald, Edmonton Journal, Regina Leader-Post, Saskatoon StarPhoenix, Ottawa Citizen, Windsor Star, 24 Hours Toronto, Montreal Gazette, The London Free Press and 24 Hrs Vancouver. Postmedia Network Canada Corp. (PNC) has below median officer and director direct ownership compared to its small-cap peers in the market, based on our estimate using SEDI data. According to regulatory filings yesterday, one insider has invested a total amount of $845,614.

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Go to Postmedia Network Canada Corp. (PNC)'s company page

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