Remaining Look assets still up for sale

TORONTO and MONTREAL – As it awaits Court approval on the sale of its spectrum and broadcast license to Inuksuk, Look Communications is still searching for a buyer for its remaining three assets. On the block are roughly 25,000 video and Internet subscribers; approximately $300 million in tax “attributes” (losses); plus Look’s network consisting of its two operating centers in Toronto and Montreal, 26 one-way broadcast sites and 10 two-way broadcast sites. "We believe there could be a number of parties interested in our remaining assets, from the new entrants in the mobile business looking for network infrastructure to any number of...