Torstar Co-owners Say They’re Focused on Quick ‘Divorce’ in Public Appearance

[Epoch-Times-Bot]

Torstar Co-owners Say They're Focused on Quick 'Divorce' in Public Appearance

Speaking for the first time publicly since their business relationship soured, Torstar Corp. owners Paul Rivett and Jordan Bitove confirmed there was no reconciliation ahead as their approaches to business were too different.
The two, speaking at the launch of a TVO documentary about the Toronto Star newspaper Thursday evening, were however in agreement that they hope to resolve the split of their partnership as quickly as possible.
Rivett and Bitove are equal partners in Nordstar Capital Inc., an investment company that purchased Torstar in 2020 for $60 million, and controls all of its assets, including the Toronto Star newspaper.
In September, Rivett filed an application to the Ontario Superior Court seeking a court order to wind up the media company, citing “irreparable” damage to his relationship with Bitove, while in October the two agreed to move their dispute to meditation-arbitration....

Source: Torstar Co-owners Say They're Focused on Quick 'Divorce' in Public Appearance

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