TQS attracts four purchase offers

By Glenn Wanamaker

MONTREAL – Four unnamed suitors have submitted bids for Quebec’s financially strapped TQS television network, but neither Rogers Communications nor RNC Média (Radio Nord Communications), who have been rumoured as suitors for the troubled French broadcaster, are among them. TQS and the court-appointed controller, RSM Richter, said late Monday that four offers were received by the Monday deadline and they will be evaluated in the coming days. TQS entered bankruptcy protection in December and the courts gave the company until this week to find firm offers. “The deposit of these four firm offers demonstrates the industry’s interest in TQS and confirms...