Torstar employees blindsided by owner court battle [Globe and Mail, The (Toronto, Canada)]
Enthusiast Gaming Holdings Inc. (EGLX)
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Source: Globe and Mail, The
The union representing workers at Torstar Corp. said it was “blindsided” by news of a court application to wind up the parent company, which has put the future proprietorship of the firm's assets in doubt, including the Toronto Star. Randy Kitt, director of media for Unifor, said the union had no advance notice a battle was under way between Paul Rivett and Jordan Bitove, who purchased Torstar in 2020 through a newly formed company called NordStar Capital Inc., in which they are equal partners. “When these two bought the chain, we were excited,” Mr. Kitt said. “We were promised there would be investments in the papers, and we expected stability, not chaos.” He added the union, which represents some 10,000 media workers, including at Torstar properties Metroland Media Group and The Hamilton Spectator, is seeking clarity about the implications of the court application from management representatives. Mr. Kitt said employees should have found out about the matter through the compa
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