"Atlantic Canada's largest newspaper chain has been under court protection since March, when its largest creditor forced the company into insolvency," indicating the precarious situation facing SaltWire.
"A judge of the Nova Scotia Supreme Court approved Postmedia's $1-million offer to buy some of SaltWire's assets," showcasing the legal proceedings involved in the takeover.
"The St. John's Telegram told readers in a notice that it is publishing its final daily print edition on Saturday, Aug. 24, after which it will become a weekly newspaper," highlighting a significant change for one of SaltWire's key publications.
"Postmedia has been reaching out to those SaltWire employees it wants to keep," emphasizing the selective nature of employment retention during this transition.
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