TORONTO – A Globe and Mail story on Wednesday suggested Standard Broadcasting – as a matter of estate planning, was pondering an initial public offering as an income trust. The story said that Standard, the largest privately-held radio company has hired investment banks "to advise it on a potential initial public offering that would value the company at about $1-billion." When contacted via e-mail by www.cartt.ca for comment, Standard president Gary Slaight, whose father Allan founded the company, wrote: " we are exploring all options... including doing nothing."
