NordStar gets court approval to acquire Torstar

Torstar Corp. announced earlier this week that it has received court approval for its proposed acquisition by private equity firm NordStar Capital LP.

The Ontario Superior Court of Justice approved NordStar’s revised take-private bid. The deal is expected to be completed on or about July 30, 2020, Torstar said.

Torstar began publishing newspapers in 1892 and is the publisher of the Toronto Star, which is Canada’s largest daily newspaper, as well as various regional and community newspapers, in addition to its online properties such as