MONTREAL – Astral Media CEO Ian Greenberg confirmed this morning his company was one of just two invited to make an offer for CHUM Limited. During a conference call with financial analysts discussing the company's third quarter results, Greenberg responded to the speculation that Astral was in the mix. Not wanting to bid too high, and taking into account that with no conventional TV assets, synergistic possibilities with Astral are not as great as CTV owner Bell Globemedia, Greenberg said his company made a bid that wasn't big enough. "Equity was available. It was not a problem in that sense,"...
