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Torstar suspends dividend until at least late 2020; stock plunges – BNNBloomberg.ca

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Torstar suspends dividend until at least late 2020; stock plunges – BNNBloomberg.ca

TORONTO Shares in Torstar Corp. plunged after the company reported a larger-than-expected loss and suspended its quarterly dividend, setting in motion a mechanism that could shift the balance of power among the company’s shareholders.
The media company repor…

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