The company that owns the Toronto Star newspaper has signed a deal to buy iPolitics Inc., an Ottawa-based digital political news service.
Financial terms of the deal were not immediately available.
Torstar Corp. says once the deal closes its daily newspapers and websites across the country will soon begin publishing articles from iPolitics.
(Sponsored)
DYMON and The Ottawa Mission celebrate record-breaking Giving Tuesday success
The Ottawa Mission is celebrating a historic Giving Tuesday after raising more than $1.1 million in support of people experiencing homelessness, hunger, and poverty — the most successful Giving Tuesday
Family-owned Coke Canada Bottling investing to grow in Ottawa-Gatineau
Have you ever wondered where your favourite Coca-Cola products come from? Few people in know that over 300 popular beverages products, like Coca-Cola, Coke Zero, Fuze, Fanta, Monster Energy, A&W
Launched in 2010, iPolitics provides daily political news and industry briefs, a quarterly magazine, policy-oriented podcasts and specialized parliamentary monitoring services.
Torstar says the Toronto Star and iPolitics will maintain separate bureaus in Ottawa.
The deal is expected to close Oct. 1.
Aside from the Star and its affiliated website, Torstar owns daily and community newspapers throughout Ontario, a 56.4 per cent interest in VerticalScope and minority interests in a number of other companies.
Torstar also holds an investment in The Canadian Press as part of a joint agreement with a subsidiary of the Globe and Mail and the parent company of Montreal’s La Presse
