Posted AT 2:55 AM EST on 14/11/08
CanWest's debt ($3,715,057,000) challenge
When Izzy Asper was on the brink of buying Conrad Black's newspaper empire in the spring of 2000, the founder of CanWest Global Communications Corp. met with his inner circle - his family - and delivered a stirring sales pitch for the deal.
It was a blockbuster transaction that would transform CanWest into the biggest media company in the land. But it had a price tag to match, at $3.2-billion, and would push CanWest's debt load to roughly $4-billion.
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