CanWest/AA Hearing: Transaction benefits analyzed; interveners have their say

GATINEAU – “Is this really the best deal we can get from a public interest point of view?” asked Alain Pineau of the Canadian Conference for the Arts this afternoon when facing the CRTC during the hearing into the purchase of Alliance Atlantis Broadcasting by CanWest Global and Goldman Sachs. Pineau wondered whether there was a better, Canadian option, for the sale of Alliance Atlantis. In his speech this morning, CanWest CEO Leonard Asper characterized the deal as the “best possible under the circumstances.” The CCA, along with the Council of Canadians, ACTRA, the Directors Guild of Canada, and the...