Radio / Television News

Corus drops shares from NYSE

TORONTO - Corus Entertainment is voluntarily delisting its class B non-voting shares from the New York Stock Exchange in an effort to cut costs.The company said that it will continue to list and trade its class B shares on the Toronto Stock Exchange, and that it has not arranged for quotation of the shares on another national exchange or quotation medium in the United States."We believe that the costs associated with maintaining our NYSE listing outweigh the benefits for the company and our shareholders," said president and CEO John Cassaday, in a statement. "The voluntary delisting from the NYSE will have...