WOW CanWest delisted, shareholders ripped off again, joke company

Yes, CanWest controllers and editors received kickbacks for harping on Federal Liberal Leaders Michael Ignatieff; and Dino before; this is wrong
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CanWest Shareholders reject the offer 2.3% of new company and demand to be disclosed the new debt of the company. How much debt is being trade for 97.7% equity?

The balance sheet please. Considering that CanWest is selling its Canadian newspaper monopoly for a billion (along with debt, you bet); and a billion for selling ten down under -- this is theft. Multi voting share public companies are investment jokes. Sad this joke ran Canada's newspapers. CanWest news coup and censorship is the biggest fraud in modern Canadian history



"Under the proposed recapitalization, creditors of the CMI Entities whose claims are compromised under the plan of arrangement, including the holders of the CMI 8% Notes, will receive common shares of a restructured Canwest. Existing shareholders of the Company will receive 2.3% of the shares of a restructured Canwest. It will be necessary for the Company to obtain new equity financing in the amount of at least $65 million. The percentage of the equity of a restructured Canwest to be received by affected creditors will be dependent on the percentage of equity sold to new investors.

Leonard Asper and members of his family have reached an agreement with the Ad Hoc Committee on terms which the Ad Hoc Committee would support for the investment by the Asper family of up to $15 million in connection with the recapitalization. The Asper family’s commitment would be subject to a number of conditions, including securing a co-investment from one or more Canadians, acceptable to all parties. Canwest has not made any determination with respect to the terms of any proposed equity investment by the Aspers or any other parties but welcomes the commitment of the Asper family to assist Canwest in achieving a successful recapitalization. "



TORONTO, Oct. 6 /CNW/ - DELISTING REVIEW - CanWest Global Communications Corp. (the "Company") - TSX is reviewing the subordinate voting shares (Symbol: CGS) and the non-voting shares (Symbol: CGS.A) (collectively the "Securities") of the Company with respect to meeting the continued listing requirements. The Company is being reviewed on an expedited basis. In addition, the Securities have been suspended from trading effective immediately.

[CanWest shareholders issued this, and supposed to go down without a fight??]